(ELPC) Companhia Paranaense de - Ratings and Ratios

Companhia Paranaense de Energia - COPEL (NYSE:ELPC) is a Brazilian energy company specializing in the generation, transformation, distribution, and sale of electricity. It serves industrial, residential, commercial, rural, and other customers primarily in the State of Paraná and the municipality of Porto União in Santa Catarina. The company operates through five segments: Power Generation and Transmission, Power Distribution, GAS, Power Sale, and Holding and Services. COPEL owns and operates hydroelectric, wind, and thermoelectric plants, as well as transmission and distribution lines. It also engages in piped natural gas distribution. Founded in 1954 and headquartered in Curitiba, Brazil, COPEL holds concessions to distribute electricity to 100% of the municipalities in Paraná and Porto União. The company is a major player in Brazils energy sector, with a strong focus on renewable energy sources, particularly hydroelectric power, which accounts for the majority of its generation capacity.

Over the next three months, COPELs stock is expected to show moderate growth, supported by stable operational performance and favorable sector trends. Technically, the stock is trading above its 20, 50, and 200-day simple moving averages (SMA), indicating bullish momentum. The last price of $7.15 is above the SMA 20 ($6.72) and SMA 50 ($6.47), suggesting upward pressure. The average true range (ATR) of 0.21 reflects low volatility, which may limit sharp price swings. Fundamentally, COPELs market cap of $5.34 billion and forward P/E of 12.71 suggest reasonable valuation. The price-to-book (P/B) ratio of 1.17 and return on equity (RoE) of 55.84 indicate strong financial health and profitability. Based on these factors, the stock is expected to target the $7.50 to $8.00 range in the next quarter, with support likely at $6.80 to $7.00.