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ENN Energy (OTCMKTS:XNGSY) Shares Gap Down - Time to Sell?

ENN Energy logo with Utilities background

ENN Energy Holdings Ltd. (OTCMKTS:XNGSY - Get Free Report) 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 traded.

ENN Energy Stock Performance

The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.64 and a current ratio of 0.68. The business's 50 day moving average price is $32.15 and its 200 day moving average price is $29.88.

ENN Energy Increases Dividend

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

About ENN Energy

(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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