tiprankstipranks
COPEL Addresses Atypical Share Fluctuations; No Undisclosed Factors Found
Company Announcements

COPEL Addresses Atypical Share Fluctuations; No Undisclosed Factors Found

Story Highlights

Maximize Your Portfolio with Data Driven Insights:

  • Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
  • Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio

An announcement from Companhia Paranaense de Energia Pfd ( (ELP) ) is now available.

In a recent announcement dated February 12, 2025, Companhia Paranaense de Energia (COPEL) addressed concerns regarding atypical fluctuations in its class B preferred shares between January 29 and February 11, 2025. The company clarified that it is unaware of any undisclosed material facts or information that could have influenced the observed oscillations in share price and trading activity during this period. This response was in reply to an official request from B3, the Brazilian stock exchange, seeking clarification on these fluctuations.

More about Companhia Paranaense de Energia Pfd

Companhia Paranaense de Energia, also known as COPEL, is a Brazilian energy company based in Curitiba, Paraná. The company operates in the energy sector, focusing on the production, distribution, and commercialization of electricity. It is listed on multiple stock exchanges, including B3, NYSE, and LATIBEX, reflecting its significant presence in both local and international markets.

YTD Price Performance: 16.92%

Average Trading Volume: 280,196

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $4.93B

See more insights into ELP stock on TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App