Zacks Research upgraded shares of ENN Energy (OTCMKTS:XNGSY – Free Report) from a strong sell rating to a hold rating in a research note published on Monday morning,Zacks reports.
ENN Energy Trading Up 0.5%
XNGSY stock opened at $25.28 on Monday. The company has a 50 day moving average of $23.77 and a two-hundred day moving average of $27.59. ENN Energy has a 12-month low of $20.55 and a 12-month high of $39.40. The company has a current ratio of 0.64, a quick ratio of 0.59 and a debt-to-equity ratio of 0.19.
ENN Energy Company Profile
ENN Energy Holdings Limited is a China-based clean energy distributor that develops and operates urban gas businesses. The company primarily supplies natural gas to residential, commercial and industrial customers through city-gas networks, while also providing gas-related services for transportation, heating and other applications.
In addition to natural gas distribution, ENN Energy is involved in natural gas sales, liquefied natural gas activities and integrated energy services. Its offerings may include distributed energy, energy-efficiency solutions and other services designed to help commercial and industrial users manage their energy consumption and transition toward lower-carbon energy sources.
The company traces its origins to 1992 and has expanded its operations across numerous cities in mainland China.
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