Enel SpA (OTCMKTS:ENLAY – Get Free Report) saw unusually-high trading volume on Thursday. Approximately 3,401,080 shares changed hands during trading, an increase of 574% from the previous session’s volume of 504,393 shares. The stock last traded at $10.15 and had previously closed at $10.00.
Analyst Upgrades and Downgrades
Separately, Morgan Stanley reaffirmed an “underweight” rating on shares of Enel in a research report on Wednesday, July 1st. One analyst has rated the stock with a Buy rating, three have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, Enel has a consensus rating of “Reduce”.
Check Out Our Latest Stock Report on ENLAY
Enel Stock Up 1.5%
The firm has a market capitalization of $100.87 billion, a P/E ratio of 13.18, a price-to-earnings-growth ratio of 1.72 and a beta of 0.77. The business has a 50 day moving average price of $10.47 and a 200 day moving average price of $11.03. The company has a debt-to-equity ratio of 1.14, a current ratio of 0.71 and a quick ratio of 0.63.
Enel (OTCMKTS:ENLAY – Get Free Report) last released its earnings results on Thursday, July 30th. The utilities provider reported $0.21 EPS for the quarter, beating the consensus estimate of $0.20 by $0.01. The company had revenue of $23.96 billion for the quarter, compared to analyst estimates of $23.93 billion. On average, analysts predict that Enel SpA will post 0.84 earnings per share for the current year.
About Enel
Enel S.p.A. is an Italian multinational energy company headquartered in Rome. Established in 1962 as Italy’s national electricity authority, Enel was transformed into a joint-stock company and progressively expanded internationally following the liberalization of Italy’s electricity market. The company serves customers through operations spanning electricity generation, power distribution and energy retail.
Enel develops and operates renewable and conventional power-generation assets, with a strong focus on wind, solar, hydropower and geothermal energy.
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