Enagas (OTCMKTS:ENGGF – Get Free Report) is expected to be posting its resultson Wednesday, July 22nd. Analysts expect the company to post earnings of $0.2606 per share and revenue of $278.6250 million for the quarter.
Enagas Stock Performance
Enagas stock opened at $19.38 on Tuesday. Enagas has a one year low of $16.02 and a one year high of $21.65. The company has a 50-day simple moving average of $20.44 and a 200-day simple moving average of $18.05.
Wall Street Analysts Forecast Growth
Separately, Morgan Stanley upgraded shares of Enagas from an “underweight” rating to an “equal weight” rating in a research report on Tuesday, March 31st. One analyst has rated the stock with a Hold rating, According to data from MarketBeat, Enagas currently has an average rating of “Hold”.
Enagas Company Profile
Enagás is a Spanish energy company that specializes in the transportation and regasification of natural gas. As the independent technical manager of Spain’s gas system, the company oversees the planning, development and operation of the country’s high-pressure transmission network. Enagás’s core activities include the construction, maintenance and management of pipelines and storage facilities designed to ensure the reliable supply of natural gas to industrial, power generation and distribution customers across the Iberian Peninsula.
The company operates six liquefied natural gas (LNG) regasification plants strategically located on Spain’s Atlantic and Mediterranean coasts.
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