ENN Energy (OTCMKTS:XNGSY – Get Free Report) was downgraded by analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a research note issued to investors on Wednesday,Zacks.com reports.
ENN Energy Price Performance
Shares of ENN Energy stock opened at $23.92 on Wednesday. The business has a 50-day moving average of $23.58 and a 200 day moving average of $30.00. ENN Energy has a 12 month low of $20.55 and a 12 month high of $39.40. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.59 and a current ratio of 0.64.
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.
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