Enagas SA Unsponsored ADR (OTCMKTS:ENGGY – Get Free Report) saw a large increase in short interest in August. As of August 31st, there was short interest totaling 7,349 shares, an increase of 392.6% from the August 15th total of 1,492 shares. Based on an average daily trading volume, of 7,406 shares, the short-interest ratio is currently 1.0 days. Approximately 0.0% of the company’s stock are sold short.
Enagas Stock Up 0.8%
Shares of Enagas stock opened at $9.63 on Friday. Enagas has a 52 week low of $7.45 and a 52 week high of $10.29. The company has a debt-to-equity ratio of 1.11, a quick ratio of 0.79 and a current ratio of 0.81. The stock’s 50-day simple moving average is $9.67 and its 200-day simple moving average is $9.59.
Wall Street Analyst Weigh In
Separately, Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Enagas in a research note on Friday, May 15th. Two equities research analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Reduce”.
Enagas Company Profile
Enagás, SA is a Spain-based energy infrastructure company focused on the transmission, storage and regasification of natural gas. The company manages an extensive network of high-pressure gas pipelines, underground storage facilities and liquefied natural gas (LNG) regasification plants, which convert LNG back into gaseous form for delivery into the pipeline system.
Enagás serves as the Technical Manager of Spain’s gas system, helping coordinate the operation, security and reliability of the country’s gas infrastructure.
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