ENN Energy (OTCMKTS:XNGSY) Shares Gap Down – Here’s What Happened

Shares of ENN Energy Holdings Ltd. (OTCMKTS:XNGSY – Get Free Report) gapped down before the market opened on Monday. The stock had previously closed at $24.75, but opened at $23.85. ENN Energy shares last traded at $24.77, with a volume of 306 shares changing hands.

Wall Street Analysts Forecast Growth

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

Get Our Latest Stock Analysis on ENN Energy

ENN Energy Stock Performance

The company has a 50-day moving average of $24.69 and a 200-day moving average of $26.54.

About ENN Energy

(Get Free Report)

ENN Energy Holdings Limited is a China-based energy services company focused primarily on the distribution and sale of natural gas. The company supplies residential, commercial and industrial customers through city-gas networks and provides related connection, metering and customer services.

Its business activities also include natural-gas wholesale and retail operations, liquefied natural gas services, gas-filling services for vehicles and the development of integrated energy solutions.

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