Equatorial Energia traded at 38.21 this Friday May 15th, decreasing 0.59 or 1.52 percent since the previous trading session. Looking back, over the last four weeks, Equatorial Energia lost 15.58 percent. Over the last 12 months, its price rose by 4.74 percent. Looking ahead, we forecast Equatorial Energia to be priced at 41.16 by the end of this quarter and at 37.91 in one year, according to Trading Economics global macro models projections and analysts expectations.
Equatorial Energia SA (Equatorial) is a Brazil-based company engaged in the energy sector. The Company holds equity interest in other companies, all in the electric energy industry, mainly with operations related to generation or distribution of electric energy. The Company's activities are divided into four segments: Distribution, responsible for energy distribution in the state of Maranhao and Para, Brazil; Generation, generating electricity through thermoelectric plants; Services / Sale, offering trading electricity, billing services, as well as maintenance of electrical installations, among others; and Central Management, including corporate and administration operations. The Company operates through a number of subsidiaries, such as Companhia Energetica do Maranhao (CEMAR), Centrais Eletricas do Para SA (CELPA), Geradora de Energia do Norte SA (Getamar), Companhia Energetica do Piaui and Equatorial Solucoes SA.