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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) gapped down prior to trading on Tuesday . The stock had previously closed at $32.74, but opened at $31.34. ENN Energy shares last traded at $32.32, with a volume of 438 shares traded.

ENN Energy Trading Down 0.5%

The firm's fifty day moving average price is $32.32 and its 200-day moving average price is $30.24. 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 company also recently declared 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. This represents a yield of 3.86%. This is a positive change from ENN Energy's previous dividend of $0.26. The ex-dividend date of this dividend is Thursday, May 29th.

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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