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

ENN Energy logo with Utilities background

Shares of ENN Energy Holdings Ltd. (OTCMKTS:XNGSY - Get Free Report) gapped down before the market opened on Wednesday . The stock had previously closed at $33.07, but opened at $31.29. ENN Energy shares last traded at $32.62, with a volume of 320 shares traded.

ENN Energy Trading Down 1.0%

The company has a 50 day moving average of $32.46 and a 200-day moving average of $30.54. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.64 and a current ratio of 0.68.

ENN Energy Increases Dividend

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

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.

Further Reading

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