ENI (ETR:ENI) Stock Price Up 3.6% – What’s Next?

Eni S.p.A. (ETR:ENI) traded up 3.6% on Wednesday . The stock traded as high as €23.40 and last traded at €23.35. 29,497 shares changed hands during mid-day trading, an increase of 9% from the average session volume of 27,056 shares. The stock had previously closed at €22.54.

ENI Stock Performance

The business has a 50 day moving average of €18.34 and a 200-day moving average of €16.56. The company has a market capitalization of $73.80 billion, a P/E ratio of 28.56, a price-to-earnings-growth ratio of 2.57 and a beta of 0.57. The company has a debt-to-equity ratio of 80.60, a quick ratio of 0.59 and a current ratio of 1.17.

About ENI

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.