Shares of Enel Chile S.A. (NYSE:ENIC - Get Free Report) hit a new 52-week high on Monday . The company traded as high as $3.50 and last traded at $3.47, with a volume of 61551 shares changing hands. The stock had previously closed at $3.43.
Analyst Ratings Changes
Separately, StockNews.com lowered shares of Enel Chile from a "buy" rating to a "hold" rating in a research report on Monday, March 3rd.
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Enel Chile Price Performance
The business's 50-day moving average price is $3.31 and its 200 day moving average price is $3.05. The firm has a market capitalization of $4.95 billion, a price-to-earnings ratio of 5.87 and a beta of 0.90.
Enel Chile (NYSE:ENIC - Get Free Report) last issued its quarterly earnings data on Tuesday, April 29th. The utilities provider reported $0.13 earnings per share for the quarter, beating analysts' consensus estimates of $0.08 by $0.05. The firm had revenue of $1,054.59 billion during the quarter, compared to analyst estimates of $1,095.67 billion. Enel Chile had a return on equity of 15.48% and a net margin of 17.33%. As a group, sell-side analysts expect that Enel Chile S.A. will post 0.45 earnings per share for the current year.
Institutional Investors Weigh In On Enel Chile
A number of institutional investors have recently modified their holdings of the stock. Advisors Preferred LLC bought a new stake in Enel Chile in the fourth quarter valued at about $25,000. Intelligence Driven Advisers LLC acquired a new stake in shares of Enel Chile during the 4th quarter valued at approximately $31,000. GAMMA Investing LLC boosted its holdings in Enel Chile by 318.6% in the first quarter. GAMMA Investing LLC now owns 9,365 shares of the utilities provider's stock worth $31,000 after purchasing an additional 7,128 shares during the period. Caprock Group LLC bought a new stake in Enel Chile during the fourth quarter valued at $32,000. Finally, PDS Planning Inc bought a new position in shares of Enel Chile in the 1st quarter worth about $33,000. Institutional investors and hedge funds own 3.20% of the company's stock.
About Enel Chile
(
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Enel Chile SA, an electricity utility company, engages in the generation, transmission, and distribution of electricity in Chile. The company operates through Generation, and Distribution and Networks Segments. It generates electricity through various sources, such as hydroelectric, thermal, wind, solar, and geothermal power plants.
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