Enel (OTCMKTS:ENLAY) Reaches New 12-Month High - Here's Why

Enel SpA (OTCMKTS:ENLAY - Get Free Report) shares reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $9.16 and last traded at $9.07, with a volume of 265482 shares. The stock had previously closed at $9.09.

Analyst Ratings Changes

Separately, Barclays reiterated an "overweight" rating on shares of Enel in a research note on Friday.

Enel Stock Performance

The company has a current ratio of 0.86, a quick ratio of 0.77 and a debt-to-equity ratio of 1.23. The company has a market cap of $93.03 billion, a PE ratio of 12.53, a price-to-earnings-growth ratio of 2.50 and a beta of 0.97. The firm has a fifty day moving average of $8.35 and a two-hundred day moving average of $7.58.

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

About Enel

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.