ENN Energy (OTCMKTS:XNGSY) Rating Increased to Hold at Zacks Research

ENN Energy (OTCMKTS:XNGSY) was upgraded by investment analysts at Zacks Research to a “hold” rating in a research note issued on Wednesday,Zacks.com reports.

ENN Energy Stock Down 0.9%

Shares of ENN Energy stock opened at $35.64 on Wednesday. The company has a current ratio of 0.63, a quick ratio of 0.60 and a debt-to-equity ratio of 0.25. The firm’s 50-day moving average price is $35.19 and its two-hundred day moving average price is $34.74. ENN Energy has a 12-month low of $26.25 and a 12-month high of $39.40.

ENN Energy Company Profile

ENN Energy Holdings Limited is a leading city gas distribution and integrated energy services provider in the People’s Republic of China. The company’s core business spans the purchase, transmission and sale of natural gas, liquefied natural gas (LNG), compressed natural gas (CNG) and liquefied petroleum gas (LPG) through an extensive pipeline network. In addition to its traditional piped gas operations, ENN Energy offers installation and maintenance of gas appliances, emergency response services and energy consulting for residential, commercial and industrial customers.

Building on its gas distribution platform, ENN Energy has expanded into integrated energy projects that combine multiple energy sources such as gas, electricity, thermal energy and renewable fuels.