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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) gapped down before the market opened 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 trading hands.

ENN Energy Stock Performance

The company has a current ratio of 0.68, a quick ratio of 0.64 and a debt-to-equity ratio of 0.26. The company has a 50 day simple moving average of $32.28 and a 200-day simple moving average of $30.17.

ENN Energy Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, August 8th. Investors of record on Friday, May 30th will be given a dividend of $1.0154 per share. This represents a dividend 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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