CENTRAIS ELETRI/S (NYSE:EBR.B) Downgraded to Hold at ValuEngine

CENTRAIS ELETRI/S (NYSE:EBR.B) was downgraded by stock analysts at ValuEngine from a “buy” rating to a “hold” rating in a research note issued on Thursday, ValuEngine reports.

Shares of NYSE:EBR.B traded up $0.56 on Thursday, hitting $10.88. The company’s stock had a trading volume of 20,200 shares, compared to its average volume of 33,220. The firm’s 50-day moving average price is $9.82. CENTRAIS ELETRI/S has a 1 year low of $4.02 and a 1 year high of $11.33. The company has a quick ratio of 1.31, a current ratio of 1.34 and a debt-to-equity ratio of 0.77.

About CENTRAIS ELETRI/S

Centrais Elétricas Brasileiras SA – Eletrobras, through its subsidiaries, engages in the generation, transmission, and distribution of electricity in Brazil. The company generates electricity through thermal, nuclear, wind, and hydroelectric plants. As of December 31, 2018, it owned and operated 32 hydroelectric plants with a total installed capacity of 44,221.05 megawatts; 105 thermal plants, including coal, and oil and gas power generation units with a total installed capacity of 2,403 megawatts; and 2 nuclear power plants comprising Angra I with an installed capacity of 640 megawatts and Angra II an installed capacity of 1,350 megawatts.

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To view ValuEngine’s full report, visit ValuEngine’s official website.

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