ENN Energy (OTCMKTS:XNGSY) Shares Gap Up – Still a Buy?

Shares of ENN Energy Holdings Ltd. (OTCMKTS:XNGSY – Get Free Report) gapped up prior to trading on Friday. The stock had previously closed at $24.69, but opened at $25.98. ENN Energy shares last traded at $24.81, with a volume of 2,759 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised shares of ENN Energy from a “strong sell” rating to a “hold” rating in a research report on Monday, September 14th. One analyst has rated the stock with a Hold rating. Based on data from MarketBeat, ENN Energy has an average rating of “Hold”.

Get Our Latest Report on ENN Energy

ENN Energy Trading Up 2.3%

The stock has a fifty day moving average of $25.03 and a two-hundred day moving average of $28.36.

ENN Energy Company Profile

(Get Free Report)

ENN Energy Holdings Limited is a China-based energy company focused primarily on the distribution and sale of natural gas. Through its city-gas operations, the company supplies residential, commercial and industrial customers and develops the related pipeline infrastructure, connection services and gas facilities needed to serve local markets.

The company also provides a range of energy-related services, including liquefied natural gas supply, compressed natural gas for transportation, gas-related engineering and equipment services, and integrated energy solutions.

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