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ENN Energy (OTCMKTS:XNGSY) Shares Gap Down - Here's What Happened

ENN Energy logo with Utilities background

ENN Energy Holdings Ltd. (OTCMKTS:XNGSY - Get Free Report)'s stock price gapped down prior to trading on Wednesday . The stock had previously closed at $31.99, but opened at $31.10. ENN Energy shares last traded at $31.76, with a volume of 219 shares trading hands.

ENN Energy Stock Up 0.5%

The company has a 50 day moving average of $32.18 and a 200 day moving average of $29.95. The company has a current ratio of 0.68, a quick ratio of 0.64 and a debt-to-equity ratio of 0.26.

ENN Energy Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, August 8th. Stockholders of record on Friday, May 30th will be paid a $1.0154 dividend. This represents a dividend yield of 3.86%. The ex-dividend date of this dividend is Thursday, May 29th. This is a boost from ENN Energy's previous dividend of $0.26.

ENN Energy Company Profile

(Get Free Report)

ENN Energy Holdings Limited, an investment holding company, engages in the investment, construction, operation, and management of gas pipeline infrastructure in the People's Republic of China. It operates through Retail Gas Sales Business, Integrated Energy Business, Wholesale of Gas, Construction and Installation, and Value Added Business segments.

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