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ENN Energy (OTCMKTS:XNGSY) Shares Gap Down - What's Next?

ENN Energy logo with Utilities background

ENN Energy Holdings Ltd. (OTCMKTS:XNGSY - Get Free Report) shares gapped down before the market opened on Wednesday . The stock had previously closed at $33.23, but opened at $31.88. ENN Energy shares last traded at $33.04, with a volume of 268 shares.

ENN Energy Trading Down 0.8%

The company has a quick ratio of 0.64, a current ratio of 0.68 and a debt-to-equity ratio of 0.26. The stock has a fifty day moving average price of $32.01 and a 200-day moving average price of $29.78.

ENN Energy Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, August 8th. Stockholders of record on Friday, May 30th will be paid a dividend of $1.0154 per share. This represents a dividend yield of 3.86%. The ex-dividend date is Thursday, May 29th. This is an increase 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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