Enel SpA (OTCMKTS:ENLAY – Get Free Report) was the target of a large decrease in short interest during the month of September. As of September 30th, there was short interest totaling 61,234 shares, a decrease of 46.7% from the September 15th total of 114,879 shares. Based on an average daily trading volume, of 1,671,873 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are sold short.
Wall Street Analysts Forecast Growth
Separately, Morgan Stanley restated an “underweight” rating on shares of Enel in a research report on Wednesday, July 1st. One investment analyst has rated the stock with a Buy rating, three have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, Enel presently has a consensus rating of “Reduce”.
Enel Stock Performance
Shares of OTCMKTS ENLAY opened at $10.16 on Friday. The company has a debt-to-equity ratio of 1.14, a current ratio of 0.71 and a quick ratio of 0.63. The stock’s fifty day moving average price is $10.44 and its two-hundred day moving average price is $11.03. Enel has a one year low of $9.62 and a one year high of $12.13. The firm has a market cap of $100.97 billion, a price-to-earnings ratio of 14.93, a P/E/G ratio of 1.71 and a beta of 0.77.
Enel (OTCMKTS:ENLAY – Get Free Report) last posted its earnings results on Thursday, July 30th. The utilities provider reported $0.21 earnings per share for the quarter, topping analysts’ consensus estimates of $0.20 by $0.01. The firm had revenue of $23.96 billion for the quarter, compared to analyst estimates of $23.93 billion. On average, equities analysts forecast that Enel will post 0.84 EPS for the current year.
Enel Company Profile
Enel S.p.A. is an Italian multinational energy company headquartered in Rome. Established in 1962 as Italy’s national electricity authority, Enel was transformed into a joint-stock company and progressively expanded internationally following the liberalization of Italy’s electricity market. The company serves customers through operations spanning electricity generation, power distribution and energy retail.
Enel develops and operates renewable and conventional power-generation assets, with a strong focus on wind, solar, hydropower and geothermal energy.
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