Centrais Eletricas Brasileiras SA (ADR) (NYSE:EBR) currently has an RSI of 72.41. The stock is up +38.97% in one month through last close, to $2.71, showing a +37.56% return during the past three months.
Power producer Centrais Eletricas Brasileiras SA and builder Construtora Norberto Odebrecht SA are among eight Brazilian companies at risk of being cut to speculative grade, Moody's said in a research note Tuesday.
Amidst all the controversy, a silver lining has appeared for Petroleo Brasileiro Petrobras SA (NYSE:PBR) and its stakeholders as the Brazilian government has announced that it is working with Centrais Eletricas Brasileiras SA (ADR) (NYSE:EBR.B) also ...
On Thursday, Brazilian power company Centrais Eletricas Brasileiras SA (ADR) (NYSE:EBR.B), also known as Eletrobras, announced re-negotiation of the debt it owes to Petrobras, amounting to $3.2 billion (R$8.5 bllion).
Nov. 2 (Bloomberg) -- Centrais Eletricas Brasileiras SA, South America's largest power producer, plunged to an eight-year low in New York after Brazil's government proposed less compensation for rate cuts than the company expected.