Shares of Enagas SA (OTCMKTS:ENGGF – Get Free Report) shot up 14.7% during trading on Wednesday . The company traded as high as $19.55 and last traded at $19.55. 300 shares were traded during trading, a decline of 81% from the average session volume of 1,600 shares. The stock had previously closed at $17.05.
Analysts Set New Price Targets
Separately, Morgan Stanley raised shares of Enagas from an “underweight” rating to an “equal weight” rating in a research note on Tuesday, March 31st. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock presently has a consensus rating of “Hold”.
View Our Latest Stock Analysis on ENGGF
Enagas Price Performance
About Enagas
Enagás is a Spanish energy company that specializes in the transportation and regasification of natural gas. As the independent technical manager of Spain’s gas system, the company oversees the planning, development and operation of the country’s high-pressure transmission network. Enagás’s core activities include the construction, maintenance and management of pipelines and storage facilities designed to ensure the reliable supply of natural gas to industrial, power generation and distribution customers across the Iberian Peninsula.
The company operates six liquefied natural gas (LNG) regasification plants strategically located on Spain’s Atlantic and Mediterranean coasts.
Featured Articles
- Five stocks we like better than Enagas
- Viking Sails to All-Time Highs—Fundamentals Signal More to Come
- Datavalut Gains Traction: 5 Reasons to Sell Now
- TMC Stock: Why This Pre-Revenue Miner Is Worth Watching
- The Power Grid Is Dying—Is It Time to Buy Its Replacement?
Receive News & Ratings for Enagas Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Enagas and related companies with MarketBeat.com's FREE daily email newsletter.
