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

ENN Energy logo with Utilities background

Key Points

  • ENN Energy Holdings Ltd. shares gapped down prior to trading on Monday, opening at $31.43 after a previous close of $32.73, with a trading volume of just 2 shares.
  • The company recently declared a dividend increase to $1.0154 from a previous $0.26, representing a yield of 386.0% and paid to investors of record on May 30th.
  • ENN Energy has a debt-to-equity ratio of 0.26 and a current ratio of 0.68, indicating relatively low debt levels in relation to equity.
  • Interested in ENN Energy? Here are five stocks we like better.

Shares of ENN Energy Holdings Ltd. (OTCMKTS:XNGSY - Get Free Report) gapped down before the market opened on Monday . The stock had previously closed at $32.73, but opened at $31.43. ENN Energy shares last traded at $31.43, with a volume of 2 shares trading hands.

ENN Energy Price 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 firm's 50 day simple moving average is $32.57 and its two-hundred day simple moving average is $31.27.

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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