How to Buy Energy Co Of Parana Stock
Energy Co Of Parana
Energy Co Of Parana is a diversified utility company located in Brazil, which is part of the Utilities sector, and is traded under the ticker ELP on the NYSE exchange.
Energy Co Of Parana stock last closed at $7.23, down 1.5% from the previous day, and has decreased 3.21% in one year. It has overperformed other stocks in the Utilities - Diversified industry by 0.07 percentage points. Energy Co Of Parana stock is currently +4.63% from its 52-week low of $6.91, and -32.05% from its 52-week high of $10.64.
At the moment, there are 2.98B ELP shares outstanding. The market capitalization of ELP is $4.31B. In the last 24 hours, 167,064 ELP shares were traded.
How to Buy Energy Co Of Parana Stock
Wondering how to invest in Energy Co Of Parana stock? Here's how.
- Figure out where to buy Energy Co Of Parana stock: You need to choose an online brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you choose where to buy Energy Co Of Parana stock.
- Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Deposit money your investment account: Select your payment method and add your info.
- Research Energy Co Of Parana stock: The Energy Co Of Parana ticker symbol is ELP. Is Energy Co Of Parana stock a good investment? Should you buy shares of ELP? How do ELP's underlying business fundamentals look? Do top analysts think Energy Co Of Parana is a good buy? Why has ELP's stock price moved recently? (Hint: Our stock market research tools can help you figure out if ELP is a good stock to buy).
- Place your ELP purchase: Decide if you will purchase ELP shares at the current market price or use a limit order to buy ELP stock at a specific price.
- Track your ELP position: Create a watchlist to the latest updates on your position in Energy Co Of Parana shares.
Step 1: Figure out where to buy Energy Co Of Parana stock
You will need an online brokerage account in order to access the NYSE market and buy ELP shares.
Our preferred brokerage: eToro
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Get $10 towards your purchase of shares by opening an account with eToro now.
Open eToro AccountStep 2: Open your brokerage account
Now that you've chosen the right brokerage, it's time to fill out some personal details so you can buy ELP today.
How to Open a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal details to create a new brokerage account.
- Send your application by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you have opened your account on the stocks app, your next step is to transfer the money for your investment:
Watch the video below to see the process of depositing funds into your brokerage account.
Step 4: Research Energy Co Of Parana stock
Once you have identified the best place to buy Energy Co Of Parana stock, it's crucial to research their stock prior to investing, so you can wrap your head around the risk and upside.
Energy Co Of Parana stock quick numbers
Fundamentals of ELP
WallStreetZen was designed to help average investors perform more in-depth fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on ELP's stock page.
How is ELP stock valued?
You can use many financial metrics, analyses, models, and charts to gauge ELP's intrinsic value.
Using relative valuations metrics:
- ELP could be undervalued based on its P/E ratio of 9.37x, relative to Utilities - Diversified industry P/E ratio of 42.24x
- ELP could be undervalued based on its P/B ratio of 0.92x, relative to Utilities - Diversified industry P/B ratio of 1.59x
- ELP may be overvalued based on its PEG ratio of 2.58x
You can do additional valuation analysis on ELP's stock here.
ELP Financials at a glance
Positive Financial Indicators:
- There are more short-term assets than short-term liabilities on the ELP balance sheet.
- ELP profit margin has gone up from 5.4% to 10.5% in the past year.
Negative Financial Indicators:
- ELP has a relatively high debt to equity ratio of 1.32.
- Total ELP debt is higher than 5 years ago, relative to shareholder equity.
- There are more long-term liabilities than short-term assets on the ELP balance sheet.
ELP Trading Indicators
How are ELP Revenues/Earnings doing?
Last year, ELP earnings were $443.95M. During the last 5 year, ELP's earnings have grown by 4.98% per year. This was slower than the Utilities - Diversified industry average of 7.85%.
Last year, ELP revenue was $4.22B. During the last five year, ELP's revenue has gone up by 3.3% per year. This was slower than the Utilities - Diversified industry average of 10.53%.
You can analyze ELP's earnings and revenue performance here.
What are ELP insiders up to?
Over the last 12 months, insiders at ELP have not bought or sold any shares.
Research more about who owns ELP stock here.
Does ELP stock generate passive income?
No, Energy Co Of Parana doesn't provide an income stream by paying out dividends.
What others are saying about ELP
One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other traders have to say.
Step 5: Place your ELP purchase
You have two main order types:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are generally the easiest way to buy. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a specific dollar amount, use a limit order.
Hit the Open button and eToro will execute your order.
If you need more help buying stocks on eToro, click the how to video below:
Step 6: Track your ELP position
Now that you own some shares in ELP, you'll want to stay up-to-date on your company.
Put ELP on a watchlist to get notified of the latest news about your ELP stock.
ELP Feed
How to Buy Stock in Energy Co Of Parana
To summarize, here are the 6 steps for buying Energy Co Of Parana stock:
- Figure out where to buy Energy Co Of Parana stock
- Open your brokerage account
- Deposit money your investment account
- Research Energy Co Of Parana stock
- Place your ELP purchase
- Track your ELP position
If you require a place to buy stocks, eToro is our favorite option.
Get Started with eToro TodayIf you would like to get updates on your new investment in Energy Co Of Parana, get started below.
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