Enel Chile (NYSE:ENIC) Stock Price Crosses Below 200-Day Moving Average – Should You Sell?

Posted by George Bondi on Nov 6th, 2026

Enel Chile S.A. (NYSE:ENIC – Get Free Report)’s share price passed below its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of $4.33 and traded as low as $4.24. Enel Chile shares last traded at $4.3050, with a volume of 438,129 shares.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on ENIC. Bank of America began coverage on Enel Chile in a research report on Thursday, October 15th. They set a “neutral” rating on the stock. Itau BBA Securities cut Enel Chile to a “market perform” rating in a research report on Friday, July 10th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Enel Chile in a research note on Thursday, October 15th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $4.65.

Check Out Our Latest Stock Analysis on ENIC

Enel Chile Price Performance

The firm has a market capitalization of $5.96 billion, a P/E ratio of 10.01 and a beta of 1.12. The stock’s 50-day simple moving average is $4.35 and its two-hundred day simple moving average is $4.33.

Enel Chile (NYSE:ENIC – Get Free Report) last announced its quarterly earnings data on Wednesday, October 28th. The utilities provider reported $0.09 EPS for the quarter, beating the consensus estimate of $0.08 by $0.01. Enel Chile had a net margin of 12.52% and a return on equity of 10.28%. The firm had revenue of $2.42 billion for the quarter, compared to the consensus estimate of $1.12 billion. On average, analysts forecast that Enel Chile S.A. will post 0.48 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Enel Chile

A number of institutional investors and hedge funds have recently bought and sold shares of ENIC. Public Employees Retirement System of Ohio purchased a new position in shares of Enel Chile in the second quarter valued at about $886,000. Amundi purchased a new stake in shares of Enel Chile during the first quarter worth about $443,000. Raiffeisen Bank International AG grew its position in shares of Enel Chile by 14.5% during the second quarter. Raiffeisen Bank International AG now owns 523,800 shares of the utilities provider’s stock worth $2,326,000 after purchasing an additional 66,300 shares in the last quarter. OneAscent Investment Solutions LLC bought a new stake in Enel Chile during the 2nd quarter valued at approximately $65,000. Finally, Bank of America Corp DE raised its stake in Enel Chile by 872.6% during the 1st quarter. Bank of America Corp DE now owns 117,225 shares of the utilities provider’s stock valued at $462,000 after purchasing an additional 105,172 shares during the period. 3.20% of the stock is owned by institutional investors.

Enel Chile Company Profile

(Get Free Report)

Enel Chile SA is a Chilean electricity company and part of the global Enel Group. The company operates across the power sector, with activities that include electricity generation, distribution and the development of renewable-energy projects.

Through its generation businesses, including Enel Generación Chile and Enel Green Power Chile, Enel Chile produces electricity from a diversified mix of sources such as hydropower, solar, wind and thermal generation. Its renewable-energy operations support the development and operation of utility-scale clean-energy facilities in Chile.

Enel Chile also provides electricity distribution services through Enel Distribución Chile, serving residential, commercial and industrial customers in the Santiago metropolitan area and surrounding locations.