Hennion & Walsh Asset Management Inc. Takes $921,000 Position in Companhia Paranaense de Energia - Copel Unsponsored ADR $ELPC

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Hennion & Walsh Asset Management Inc. has acquired a new position in Companhia Paranaense de Energia - Copel Unsponsored ADR (NYSE:ELPC), purchasing 96,800 shares valued at approximately $921,000. This investment was made during a quarter where Copel reported earnings that surpassed analyst estimates but revenue that fell short of projections. The stock currently holds a “Moderate Buy” consensus rating and is trading near its 12-month high with a market capitalization of $9.2 billion.

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