ENI (ETR:ENI) Stock Price Down 4.8% – Here’s Why

Eni S.p.A. (ETR:ENIGet Free Report)’s share price fell 4.8% during mid-day trading on Tuesday . The company traded as low as €21.97 and last traded at €22.14. 22,060 shares changed hands during mid-day trading, a decline of 18% from the average session volume of 27,056 shares. The stock had previously closed at €23.24.

ENI Stock Performance

The firm’s 50 day moving average is €23.37 and its two-hundred day moving average is €20.08. The stock has a market capitalization of $69.96 billion, a PE ratio of 27.07, a P/E/G ratio of 2.57 and a beta of 0.24. The company has a debt-to-equity ratio of 74.34, a quick ratio of 0.59 and a current ratio of 1.16.

About ENI

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Eni S.p.A. operates as an integrated energy company worldwide. The company engages in exploration, development, extracting, manufacturing, and marketing crude oil and natural gas, oil-based fuels, chemical products, and gas-fired power, as well as energy products from renewable sources. It operates through Exploration & Production; Global Gas & LNG Portfolio (GGP); Enilive, Refining and Chemicals; Plenitude & Power; and Corporate and Other Activities segments. The company engages in research, development, and production of oil, condensates, and natural gas.

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