ENI (ETR:ENI) Stock Price Up 2.2% – Here’s Why

Eni S.p.A. (ETR:ENIGet Free Report) rose 2.2% on Wednesday . The stock traded as high as €16.46 and last traded at €16.43. Approximately 25,803 shares traded hands during mid-day trading, a decline of 5% from the average daily volume of 27,056 shares. The stock had previously closed at €16.08.

ENI Price Performance

The company’s 50-day moving average price is €16.09 and its 200-day moving average price is €15.29. The company has a quick ratio of 0.59, a current ratio of 1.21 and a debt-to-equity ratio of 69.24. The firm has a market cap of $51.93 billion, a price-to-earnings ratio of 20.10, a PEG ratio of 2.57 and a beta of 1.01.

ENI Company Profile

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Eni S.p.A. operates as an integrated energy company worldwide. The company engages in exploration, development, extracting, manufacturing, and marketing crude oil and natural gas, oil-based fuels, chemical products, and gas-fired power, as well as energy products from renewable sources. It operates through Exploration & Production; Global Gas & LNG Portfolio (GGP); Enilive, Refining and Chemicals; Plenitude & Power; and Corporate and Other Activities segments. The company engages in research, development, and production of oil, condensates, and natural gas.

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