Enel (OTCMKTS:ENLAY) Sets New 52-Week High – What’s Next?

Shares of Enel SpA (OTCMKTS:ENLAY) reached a new 52-week high during mid-day trading on Monday . The company traded as high as $10.27 and last traded at $10.24, with a volume of 35223 shares trading hands. The stock had previously closed at $10.27.

Analyst Ratings Changes

ENLAY has been the subject of several recent research reports. Hsbc Global Res raised shares of Enel to a “hold” rating in a research report on Tuesday, October 7th. HSBC lowered Enel from a “buy” rating to a “hold” rating in a research report on Tuesday, October 7th. Finally, Zacks Research downgraded Enel from a “strong-buy” rating to a “hold” rating in a report on Monday, October 6th. One research analyst has rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Enel has an average rating of “Hold”.

Enel Stock Performance

The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.71 and a current ratio of 0.79. The stock has a 50 day moving average of $9.56 and a 200 day moving average of $9.26. The stock has a market capitalization of $104.77 billion, a P/E ratio of 15.61, a P/E/G ratio of 5.21 and a beta of 0.95.

About Enel

Enel SpA operates as an integrated operator in electricity and gas industries worldwide. It generates, distributes, transmits, and sells electricity; transports and markets natural gas; and constructs and operates generation plants and distribution grids. The company also provides energy management services; e-vehicle charging infrastructure for public and private customers; and engages in the energy commodities business.