Companhia Paranaense de Energia (COPEL) (ELP) Earns News Impact Rating of 0.11

News articles about Companhia Paranaense de Energia (COPEL) (NYSE:ELP) have trended somewhat positive this week, Accern reports. The research group identifies positive and negative news coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Companhia Paranaense de Energia (COPEL) earned a daily sentiment score of 0.11 on Accern’s scale. Accern also gave press coverage about the utilities provider an impact score of 45.5756146184376 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

Shares of Companhia Paranaense de Energia (NYSE:ELP) opened at 9.07 on Friday. The stock’s 50 day moving average is $8.26 and its 200-day moving average is $9.18. Companhia Paranaense de Energia has a one year low of $7.15 and a one year high of $11.94. The firm has a market cap of $2.48 billion, a P/E ratio of 6.29 and a beta of 1.62.

A number of analysts have recently issued reports on the stock. BidaskClub upgraded shares of Companhia Paranaense de Energia (COPEL) from a “hold” rating to a “buy” rating in a report on Friday. Citigroup Inc. upgraded shares of Companhia Paranaense de Energia (COPEL) from a “neutral” rating to a “buy” rating in a report on Monday, August 14th. HSBC Holdings plc downgraded shares of Companhia Paranaense de Energia (COPEL) from a “buy” rating to a “hold” rating in a report on Tuesday, August 8th. Finally, ValuEngine upgraded shares of Companhia Paranaense de Energia (COPEL) from a “buy” rating to a “strong-buy” rating in a report on Friday, June 2nd.

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About Companhia Paranaense de Energia (COPEL)

Companhia Paranaense de Energia is engaged in the generation, transmission, distribution and sale of electricity in the Brazilian State of Parana. The Company also provides telecommunications and other services. Its segments are Power generation and transmission (GET), Power distribution and sales (DIS), Telecommunications (TEL), GAS and Holding Company (HOL).

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