ENN Energy Holdings Ltd. (OTCMKTS:XNGSY – Get Free Report) gapped down prior to trading on Wednesday. The stock had previously closed at $25.74, but opened at $24.8825. ENN Energy shares last traded at $24.86, with a volume of 117 shares.
Analyst Upgrades and Downgrades
Separately, Zacks Research raised ENN Energy from a “strong sell” rating to a “hold” rating in a research note on Monday, September 14th. One analyst has rated the stock with a Hold rating. According to MarketBeat.com, ENN Energy has a consensus rating of “Hold”.
Get Our Latest Stock Analysis on XNGSY
ENN Energy Stock Down 0.5%
The stock’s fifty day moving average price is $25.06 and its 200 day moving average price is $27.85.
ENN Energy Company Profile
ENN Energy Holdings Limited is a Chinese energy company focused primarily on natural gas distribution and related services. Through city-gas projects, it supplies piped natural gas to residential, commercial and industrial customers. The company also participates in natural gas sales and infrastructure, including liquefied natural gas (LNG), and provides integrated energy services such as distributed energy solutions. Its operations are concentrated in mainland China. Founded in 1992 as XinAo Gas, the company later adopted the ENN Energy name.
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