ENN Energy (OTCMKTS:XNGSY) Upgraded to “Hold” at Zacks Research

ENN Energy (OTCMKTS:XNGSYGet Free Report) was upgraded by equities research analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a report issued on Monday, Zacks reports.

ENN Energy Price Performance

XNGSY stock opened at $25.28 on Monday. ENN Energy has a 52 week low of $20.55 and a 52 week high of $39.40. The company has a current ratio of 0.64, a quick ratio of 0.59 and a debt-to-equity ratio of 0.19. The firm has a 50 day moving average of $23.77 and a 200 day moving average of $27.59.

ENN Energy Company Profile

(Get Free Report)

ENN Energy Holdings Limited is a China-based clean energy distributor that develops and operates urban gas businesses. The company primarily supplies natural gas to residential, commercial and industrial customers through city-gas networks, while also providing gas-related services for transportation, heating and other applications.

In addition to natural gas distribution, ENN Energy is involved in natural gas sales, liquefied natural gas activities and integrated energy services. Its offerings may include distributed energy, energy-efficiency solutions and other services designed to help commercial and industrial users manage their energy consumption and transition toward lower-carbon energy sources.

The company traces its origins to 1992 and has expanded its operations across numerous cities in mainland China.

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