Encavis AG (ETR:CAP)’s stock price reached a new 52-week high on Monday . The stock traded as high as €9.14 ($10.63) and last traded at €9.08 ($10.56), with a volume of 1942 shares changing hands. The stock had previously closed at €9.09 ($10.57).
Several research firms have weighed in on CAP. Berenberg Bank set a €8.90 ($10.35) target price on Encavis and gave the company a “neutral” rating in a research note on Wednesday, October 16th. DZ Bank reaffirmed a “buy” rating on shares of Encavis in a research note on Wednesday, August 28th. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. Encavis presently has an average rating of “Buy” and an average price target of €7.90 ($9.19).
The firm has a market cap of $1.19 billion and a P/E ratio of 182.60. The company has a 50 day moving average of €8.72 and a 200 day moving average of €7.53. The company has a debt-to-equity ratio of 249.83, a quick ratio of 0.89 and a current ratio of 1.16.
Encavis AG, an independent power producer, engages in the acquisition, construction, operation, and installation of solar and onshore wind parks. It operates through PV Parks, PV Service, Wind Parks, and Asset Management segments. The company operates 173 solar parks and 67 wind parks with an installed capacity of approximately 1.9 gigawatt (GW) in Germany, Italy, France, the United Kingdom, Austria, Finland, Sweden, Denmark, and the Netherlands.
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