Enel (OTCMKTS:ENLAY) Hits New 52-Week High - Still a Buy?

Enel SpA (OTCMKTS:ENLAY - Get Free Report)'s share price hit a new 52-week high on Monday . The company traded as high as $9.22 and last traded at $9.21, with a volume of 359625 shares. The stock had previously closed at $9.16.

Analyst Ratings Changes

Separately, Barclays reaffirmed an "overweight" rating on shares of Enel in a report on Friday, May 23rd.

Enel Stock Down 0.5%

The company has a debt-to-equity ratio of 1.23, a current ratio of 0.86 and a quick ratio of 0.77. The firm has a market capitalization of $92.57 billion, a P/E ratio of 12.47, a price-to-earnings-growth ratio of 2.50 and a beta of 0.97. The business has a 50 day moving average price of $8.52 and a 200 day moving average price of $7.67.

Enel (OTCMKTS:ENLAY - Get Free Report) last released its earnings results on Thursday, May 8th. The utilities provider reported $0.20 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.20. The business had revenue of $24.89 billion during the quarter, compared to analyst estimates of $19.69 billion. On average, analysts predict that Enel SpA will post 0.71 earnings per share for the current year.

Enel Company Profile

Enel SpA operates as an integrated operator in electricity and gas industries worldwide. It generates, distributes, transmits, and sells electricity; transports and markets natural gas; and constructs and operates generation plants and distribution grids. The company also provides energy management services; e-vehicle charging infrastructure for public and private customers; and engages in the energy commodities business.