Enel SpA (OTCMKTS:ENLAY – Get Free Report) saw unusually-strong trading volume on Thursday. 3,401,080 shares traded hands during mid-day trading, an increase of 574% from the previous session’s volume of 504,393 shares. The stock last traded at $10.15 and had previously closed at $10.00.
Wall Street Analysts Forecast Growth
Separately, Morgan Stanley reaffirmed an “underweight” rating on shares of Enel in a 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 assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Reduce”.
Get Our Latest Analysis on ENLAY
Enel Stock Performance
The company has a quick ratio of 0.63, a current ratio of 0.71 and a debt-to-equity ratio of 1.14. The company has a fifty day moving average price of $10.42 and a 200 day moving average price of $11.02. The stock has a market cap of $101.96 billion, a PE ratio of 13.32, a P/E/G ratio of 1.74 and a beta of 0.77.
Enel (OTCMKTS:ENLAY – Get Free Report) last issued its earnings results on Thursday, July 30th. The utilities provider reported $0.21 earnings per share for the quarter, beating the consensus estimate of $0.20 by $0.01. The company had revenue of $23.96 billion for the quarter, compared to analysts’ expectations of $23.93 billion. Analysts expect that Enel SpA will post 0.84 earnings per share 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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