Enel (OTCMKTS:ENLAY) Reaches New 12-Month High – Here’s What Happened

Shares of Enel SpA (OTCMKTS:ENLAY) reached a new 52-week high on Monday . The stock traded as high as $10.55 and last traded at $10.54, with a volume of 58101 shares traded. The stock had previously closed at $10.39.

Wall Street Analyst Weigh In

A number of research analysts have commented on ENLAY shares. Oddo Bhf lowered Enel to a “neutral” rating in a research report on Friday. Zacks Research lowered Enel from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 6th. Hsbc Global Res upgraded shares of Enel to a “hold” rating in a research report on Tuesday, October 7th. Finally, HSBC cut shares of Enel from a “buy” rating to a “hold” rating in a research report on Tuesday, October 7th. One investment analyst has rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold”.

Enel Stock Performance

The company has a quick ratio of 0.71, a current ratio of 0.79 and a debt-to-equity ratio of 1.15. The stock has a market cap of $106.14 billion, a P/E ratio of 15.82, a PEG ratio of 5.21 and a beta of 0.95. The stock has a fifty day simple moving average of $9.69 and a 200-day simple moving average of $9.32.

Enel (OTCMKTS:ENLAY) last released its quarterly earnings data on Thursday, November 13th. The utilities provider reported $0.19 earnings per share for the quarter, missing the consensus estimate of $0.23 by ($0.04). Enel had a return on equity of 12.47% and a net margin of 7.78%.The firm had revenue of $21.98 billion for the quarter, compared to the consensus estimate of $18.81 billion. Equities analysts expect that Enel SpA will post 0.71 earnings per share for the current fiscal 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.