ENI (ETR:ENI) Shares Down 1.5% - What's Next?

Key Points

• ENI shares fell 1.5% on Wednesday, trading as low as €14.80 and closing at €14.86, with a volume increase of 27% compared to the average.
• The company has a current market capitalization of $46.95 billion and a price-to-earnings ratio of 18.17.
• ENI operates as an integrated energy company, focusing on the exploration, development, and marketing of oil and gas products, including renewable energy sources.

Eni S.p.A. (ETR:ENI - ) shares traded down 1.5% during trading on Wednesday . The company traded as low as €14.80 ($17.41) and last traded at €14.86 ($17.48). 34,314 shares traded hands during mid-day trading, an increase of 27% from the average session volume of 27,056 shares. The stock had previously closed at €15.09 ($17.75).

ENI Price Performance

The company has a market capitalization of $46.95 billion, a price-to-earnings ratio of 18.17, a PEG ratio of 2.57 and a beta of 1.01. The company has a current ratio of 1.21, a quick ratio of 0.59 and a debt-to-equity ratio of 69.24. The company has a 50 day moving average price of €14.92 and a 200 day moving average price of €13.90.

About ENI

Eni S.p.A. operates as an integrated energy company worldwide. The company engages in exploration, development, extracting, manufacturing, and marketing crude oil and natural gas, oil-based fuels, chemical products, and gas-fired power, as well as energy products from renewable sources. It operates through Exploration & Production; Global Gas & LNG Portfolio (GGP); Enilive, Refining and Chemicals; Plenitude & Power; and Corporate and Other Activities segments.

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