ENEOS (OTCMKTS:JXHLY) Stock Price Down 3.5% – Here’s Why

ENEOS Holdings, Inc. (OTCMKTS:JXHLY) shares were down 3.5% on Tuesday . The stock traded as low as C$17.70 and last traded at C$17.70. Approximately 4,001 shares were traded during trading, a decline of 4% from the average daily volume of 4,171 shares. The stock had previously closed at C$18.35.

Analyst Upgrades and Downgrades

Separately, Nomura upgraded ENEOS to a “strong-buy” rating in a research note on Friday, February 20th. One research analyst has rated the stock with a Strong Buy rating, According to MarketBeat, the stock has an average rating of “Strong Buy”.

ENEOS Stock Down 10.1%

The company has a 50-day simple moving average of C$17.90 and a two-hundred day simple moving average of C$15.18.

ENEOS (OTCMKTS:JXHLY) last announced its quarterly earnings results on Friday, February 13th. The company reported C$0.31 earnings per share (EPS) for the quarter. The firm had revenue of C$19.67 billion for the quarter.

About ENEOS

ENEOS Holdings, Inc is a Tokyo-based integrated energy company primarily engaged in the exploration, production, refining and distribution of petroleum products. Under its ENEOS brand, the company supplies gasoline, diesel and jet fuel to automotive, aviation and industrial customers. It also produces lubricants, base oils and petrochemicals for manufacturing, marine and consumer applications.

In addition to its core oil and gas operations, ENEOS holds interests in resource development and trading of nonferrous metals through its metals and mining segment.