ENAGAS S A/ADR (OTCMKTS:ENGGY) was the target of a large increase in short interest in September. As of September 30th, there was short interest totalling 20,300 shares, an increase of 822.7% from the September 15th total of 2,200 shares. Based on an average trading volume of 59,100 shares, the days-to-cover ratio is currently 0.3 days.
Shares of ENGGY opened at $11.36 on Thursday. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.80 and a quick ratio of 0.79. The business’s 50 day moving average price is $11.31 and its 200-day moving average price is $11.31. ENAGAS S A/ADR has a 52 week low of $10.24 and a 52 week high of $12.39.
Several analysts have weighed in on ENGGY shares. The Goldman Sachs Group cut ENAGAS S A/ADR from a “buy” rating to a “neutral” rating in a research report on Wednesday, July 28th. JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of ENAGAS S A/ADR in a research report on Wednesday, July 28th. Deutsche Bank Aktiengesellschaft reaffirmed a “sell” rating on shares of ENAGAS S A/ADR in a research report on Tuesday, June 22nd. UBS Group reaffirmed a “neutral” rating on shares of ENAGAS S A/ADR in a research report on Thursday, September 9th. Finally, Barclays reaffirmed an “underweight” rating on shares of ENAGAS S A/ADR in a research report on Tuesday, September 7th. Four analysts have rated the stock with a sell rating and four have issued a hold rating to the company. According to MarketBeat, ENAGAS S A/ADR presently has an average rating of “Hold”.
Enagás, SA engages in the development, operation, and maintenance of gas infrastructures in Spain and internationally. The company provides gas transportation services through gas pipelines; natural gas regasification services; and operates underground storage facilities. It is involved in the operation and technical management of the basic network and secondary transportation network for natural gas.
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