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ENN Energy (OTCMKTS:XNGSY) Stock Passes Below Fifty Day Moving Average - Should You Sell?

ENN Energy logo with Utilities background

ENN Energy Holdings Ltd. (OTCMKTS:XNGSY - Get Free Report) shares passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $32.06 and traded as low as $31.88. ENN Energy shares last traded at $32.95, with a volume of 2,151 shares changing 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's fifty day moving average price is $32.06 and its 200-day moving average price is $29.83.

ENN Energy Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, August 8th. Stockholders of record on Friday, May 30th will be issued a dividend of $1.0154 per share. The ex-dividend date of this dividend is Thursday, May 29th. This represents a dividend yield of 3.86%. 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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