Enel (OTCMKTS:ENLAY) Sets New 1-Year High – Here’s What Happened

Enel SpA (OTCMKTS:ENLAY) reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $8.18 and last traded at $8.18, with a volume of 193392 shares changing hands. The stock had previously closed at $8.07.

Enel Stock Performance

The firm’s fifty day simple moving average is $7.42 and its 200 day simple moving average is $7.38. The company has a market capitalization of $81.33 billion, a PE ratio of 10.81, a price-to-earnings-growth ratio of 2.50 and a beta of 0.86. The company has a debt-to-equity ratio of 1.23, a current ratio of 0.86 and a quick ratio of 0.77.

Enel (OTCMKTS:ENLAY) last posted its earnings results on Thursday, March 13th. The utilities provider reported $0.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.11 by $0.01. The firm had revenue of $22.74 billion during the quarter, compared to analyst estimates of $39.11 billion. On average, research analysts predict that Enel SpA will post 0.71 EPS for the current year.

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.