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ENN Energy (OTCMKTS:XNGSY) Trading Up 5.3% - Should You Buy?

ENN Energy logo with Utilities background

ENN Energy Holdings Ltd. (OTCMKTS:XNGSY - Get Free Report)'s share price rose 5.3% during trading on Monday . The stock traded as high as $34.09 and last traded at $34.09. Approximately 25 shares traded hands during trading, a decline of 100% from the average daily volume of 78,152 shares. The stock had previously closed at $32.37.

ENN Energy Stock Up 1.1%

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

ENN Energy Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, August 8th. Stockholders of record on Friday, May 30th will be paid a $1.0154 dividend. The ex-dividend date is Thursday, May 29th. This is a positive change from ENN Energy's previous dividend of $0.26. This represents a dividend 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.

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