ENEOS (OTCMKTS:JXHLY) Stock Price Up 0.9% – Time to Buy?

ENEOS Holdings, Inc. (OTCMKTS:JXHLY)’s stock price rose 0.9% on Thursday . The company traded as high as C$16.73 and last traded at C$16.10. Approximately 795 shares traded hands during trading, a decline of 73% from the average session volume of 2,933 shares. The stock had previously closed at C$15.96.

Analysts Set New Price Targets

Separately, Zacks Research downgraded shares of ENEOS from a “hold” rating to a “strong sell” rating in a research note on Monday, July 20th. One equities research analyst has rated the stock with a Strong Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy”.

ENEOS Stock Performance

The stock’s fifty day moving average price is C$15.92 and its two-hundred day moving average price is C$17.03.

ENEOS (OTCMKTS:JXHLY) last announced its earnings results on Thursday, May 14th. The company reported C$0.61 earnings per share for the quarter. The firm had revenue of C$19.40 billion during the quarter.

ENEOS Company Profile

ENEOS Holdings, Inc is a Tokyo-based integrated energy company primarily engaged in the exploration, production, refining and distribution of petroleum products. Under its ENEOS brand, the company supplies gasoline, diesel and jet fuel to automotive, aviation and industrial customers. It also produces lubricants, base oils and petrochemicals for manufacturing, marine and consumer applications.

In addition to its core oil and gas operations, ENEOS holds interests in resource development and trading of nonferrous metals through its metals and mining segment.