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 $10.17, down 0.49% from the previous day, and has increased 59.4% in one year. It has overperformed other stocks in the Utilities - Diversified industry by 0.54 percentage points. Energy Co Of Parana stock is currently +77.95% from its 52-week low of $5.72, and -9.44% from its 52-week high of $11.23.
At the moment, there are 2.98B ELP shares outstanding. The market cap of ELP is $6.06B. In the last 24 hours, 313,000 ELP shares were traded.
How to Buy Energy Co Of Parana Stock
Not sure 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 decide on a stock brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you determine 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 selected.
- Deposit money your investment account: Select your method of payment and add your information.
- 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 analysis website can help you evaluate 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 purchase ELP stock at a given price.
- Track your ELP position: Create a watchlist to important updates regarding 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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Open eToro AccountStep 2: Open your brokerage account
Now that you've selected your brokerage, the next step is to fill out some personal information so you can buy ELP today.
How to Start a New Brokerage 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 info to open your new brokerage account.
- Send your details by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you have filled out your info on mobile trading apps, you can securely and quickly fund your account:
Watch the walkthrough below to see the process of transferring money into your new brokerage account.
Step 4: Research Energy Co Of Parana stock
Once you have chosen the best place to buy Energy Co Of Parana stock, it's important to analyze their stock prior to investing, so you truly understand the risk and upside.
Energy Co Of Parana stock at a glance
Energy Co Of Parana Due Diligence Score
WallStreetZen was created to help part-time investors do better fundamental analysis in less time.
You can see all of the due diligence checks on ELP's stock page.
What is the fair value of ELP stock?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge ELP's fair value.
Using relative valuations ratios:
- ELP could be undervalued based on its P/E ratio of 13.26x, relative to Utilities - Diversified industry P/E ratio of 25.66x
- ELP may be undervalued based on its P/B ratio of 1.37x, relative to Utilities - Diversified industry P/B ratio of 1.82x
- ELP may be undervalued based on its PEG ratio of 0.72x
You can access additional valuation analysis on ELP's stock here.
Is ELP a healthy company?
Positive Financial Indicators:
- ELP profit margin has gone up from 10.5% to 12.3% in the past year.
- There are more short-term assets than short-term liabilities on the ELP balance sheet.
- ELP's operating cash flow of $895.48M allows it to safely service it's debt of $3.02B.
Negative Financial Indicators:
- ELP earnings of $985.21M is not sufficient to cover its interest payments.
- There are more long-term liabilities than short-term assets on the ELP balance sheet.
- ELP has a relatively high debt to equity ratio of 1.24.
- Total ELP debt is higher than 5 years ago, relative to shareholder equity.
You can dive deeper into what analysts are projecting on the Energy Co Of Parana stock forecast page.
ELP Technicals
ELP Performance Numbers
Last year, ELP earnings were $478.97M. Over the last five year, ELP's earnings have increased by -3.64% per year. This was faster than the Utilities - Diversified industry average of -6.2%.
Last year, ELP revenue was $3.90B. During the past 5 year, ELP's revenue has increased by -1.57% per year. This was slower than the Utilities - Diversified industry average of 6.76%.
You can analyze ELP's earnings and revenue performance here.
Latest Insiders Trades at ELP
Over the last year, insiders at ELP have not bought or sold any shares.
Dig into more about who owns ELP shares here.
Can I get consistent income from ELP stock?
Energy Co Of Parana pays a dividend of 1.38%, compared to the Utilities - Diversified industry's average dividend yield of 2.59%. If you owned $1,000 worth of ELP stock, you would have received $13.77 in the past year.
Energy Co Of Parana dividend payments have not consistently grown over the past decade and have not remained stable.
Get more info about Energy Co Of Parana dividend yield and history here.
ELP Social Trading Data
One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Place your ELP purchase
You have two main options:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are generally fine. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at an exact price, use a limit order.
Click the Open Trade button and your broker will place the order.
If you want additional help with buying stocks on eToro, watch the helpful video below:
Step 6: Track your ELP position
Now that you own some ELP shares, you'll want to stay up-to-date on your company.
Start 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 reiterate, here are the 6 steps you need to take to buy Energy Co Of Parana stock right now:
- 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 need a brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you want to watch your investment in Energy Co Of Parana, get started below.
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