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ENN Energy (OTCMKTS:XNGSY) Shares Gap Down - Should You Sell?

ENN Energy logo with Utilities background

ENN Energy Holdings Ltd. (OTCMKTS:XNGSY - Get Free Report) shares gapped down prior to trading on Thursday . The stock had previously closed at $32.38, but opened at $30.92. ENN Energy shares last traded at $32.09, with a volume of 671 shares changing hands.

ENN Energy Price Performance

The stock's 50-day moving average is $32.34 and its 200-day moving average is $30.30. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.68 and a quick ratio of 0.64.

ENN Energy Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, August 8th. Shareholders of record on Friday, May 30th will be issued a dividend of $1.0154 per share. This represents a yield of 3.86%. The ex-dividend date of this dividend 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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