Shares of Enel SpA (OTCMKTS:ENLAY - Get Free Report) saw an uptick in trading volume on Wednesday following a dividend announcement from the company. 1,414,272 shares traded hands during mid-day trading, an increase of 199% from the previous session's volume of 473,356 shares.The stock last traded at $9.11 and had previously closed at $9.11.
The newly announced dividend which will be paid on Wednesday, August 6th. Shareholders of record on Wednesday, July 23rd will be given a $0.1428 dividend. The ex-dividend date is Tuesday, July 22nd. This represents a yield of 2.9%. Enel's payout ratio is 32.88%.
Analyst Upgrades and Downgrades
A number of equities research analysts have issued reports on ENLAY shares. Barclays reiterated an "overweight" rating on shares of Enel in a research report on Friday, May 23rd. BNP Paribas downgraded shares of Enel from a "strong-buy" rating to a "hold" rating in a report on Thursday, July 3rd.
Read Our Latest Research Report on Enel
Enel Trading Up 1.2%
The company has a quick ratio of 0.80, a current ratio of 0.87 and a debt-to-equity ratio of 1.16. The firm's 50-day simple moving average is $9.18 and its 200-day simple moving average is $8.16.
Enel (OTCMKTS:ENLAY - Get Free Report) last posted its quarterly earnings results on Thursday, May 8th. The utilities provider reported $0.20 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.20. The company had revenue of $24.89 billion for the quarter, compared to analyst estimates of $19.69 billion. Enel had a net margin of 8.70% and a return on equity of 13.98%. Research analysts forecast that Enel SpA will post 0.71 EPS for the current fiscal year.
Enel Company Profile
(
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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.
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