Enagas SA Unsponsored ADR (OTCMKTS:ENGGY) Short Interest Update

Enagas SA Unsponsored ADR (OTCMKTS:ENGGY – Get Free Report) was the recipient of a significant increase in short interest in the month of May. As of May 15th, there was short interest totaling 1,025 shares, an increase of ∞ from the April 30th total of 0 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 3,515 shares, the days-to-cover ratio is presently 0.3 days.

Analysts Set New Price Targets

Several brokerages have issued reports on ENGGY. Morgan Stanley reissued an “underweight” rating on shares of Enagas in a report on Tuesday, February 24th. BNP Paribas Exane raised shares of Enagas to a “neutral” rating in a report on Tuesday, April 21st. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Enagas in a research report on Friday, May 15th. Two analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Reduce”.

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Enagas Price Performance

Shares of OTCMKTS:ENGGY opened at $9.84 on Wednesday. The business has a fifty day moving average of $9.69 and a 200-day moving average of $8.73. The company has a debt-to-equity ratio of 1.19, a quick ratio of 1.04 and a current ratio of 1.07. Enagas has a twelve month low of $7.42 and a twelve month high of $10.11.

Enagas Company Profile

(Get Free Report)

Enagás is Spain’s primary natural gas transmission company, specializing in the development, operation and maintenance of high-pressure gas pipeline networks and regasification terminals. The company manages over 12,000 kilometers of gas pipelines across the country and operates six strategic regasification plants, enabling the efficient receipt and redistribution of liquefied natural gas (LNG) imports. Enagás also provides technical management and system operator services, ensuring the stability and security of the national gas grid under a regulated framework.

Founded in 1972 to coordinate Spain’s burgeoning gas infrastructure, Enagás was partially privatized and listed on the Madrid Stock Exchange in 2002, becoming a constituent of the IBEX 35 index.

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