ENI (ETR:ENI) Shares Up 0.4% - Here's Why

Key Points

• Eni S.p.A.'s (ETR:ENI) stock price increased by 0.4%, closing at €14.81 ($17.02) after trading as high as €14.85 ($17.07) during the session.
• The company has a market capitalization of $46.80 billion and a price-to-earnings (PE) ratio of 18.11, indicating a strong position in the integrated energy sector.
• Eni operates globally in various segments including Exploration, Production, and Renewable Energy, highlighting its diverse capabilities in the energy market.

Eni S.p.A. (ETR:ENI - Get Free Report)'s stock price rose 0.4% on Wednesday . The stock traded as high as €14.85 ($17.27) and last traded at €14.81 ($17.22). Approximately 22,622 shares traded hands during trading, a decline of 16% from the average daily volume of 27,056 shares. The stock had previously closed at €14.75 ($17.15).

ENI Price Performance

The stock's 50 day moving average price is €13.89 and its two-hundred day moving average price is €13.55. The company has a quick ratio of 0.59, a current ratio of 1.21 and a debt-to-equity ratio of 69.24. The firm has a market capitalization of $46.45 billion, a price-to-earnings ratio of 17.97, a P/E/G ratio of 2.57 and a beta of 1.01.

ENI Company Profile

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.