ENI (ETR:ENI) Stock Price Down 4.8% – Here’s Why

Eni S.p.A. (ETR:ENI) traded down 4.8% during trading on Tuesday . The stock traded as low as €21.97 and last traded at €22.14. 22,060 shares changed hands during trading, a decline of 18% from the average session volume of 27,056 shares. The stock had previously closed at €23.24.

ENI Stock Down 4.8%

The company has a current ratio of 1.16, a quick ratio of 0.59 and a debt-to-equity ratio of 74.34. The company has a market cap of $69.96 billion, a price-to-earnings ratio of 27.07, a PEG ratio of 2.57 and a beta of 0.24. The firm’s fifty day simple moving average is €23.37 and its 200 day simple moving average is €20.08.

ENI Company Profile

Eni S.p.A. operates as an integrated energy company worldwide. The company engages in exploration, development, extracting, manufacturing, and marketing crude oil and natural gas, oil-based fuels, chemical products, and gas-fired power, as well as energy products from renewable sources. It operates through Exploration & Production; Global Gas & LNG Portfolio (GGP); Enilive, Refining and Chemicals; Plenitude & Power; and Corporate and Other Activities segments. The company engages in research, development, and production of oil, condensates, and natural gas.