ENN Energy (OTCMKTS:XNGSF) Trading Up 5.1% – Should You Buy?

by · The Markets Daily

ENN Energy Holdings Limited (OTCMKTS:XNGSF – Get Free Report) shares rose 5.1% on Thursday . The stock traded as high as $9.0960 and last traded at $9.0960. Approximately 813 shares changed hands during trading, a decline of 1% from the average daily volume of 819 shares. The stock had previously closed at $8.6560.

ENN Energy Stock Performance

The firm’s 50 day moving average is $8.96 and its 200 day moving average is $8.64.

About ENN Energy

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ENN Energy Holdings Limited, traded over-the-counter under the ticker XNGSF, is one of China’s leading clean energy distributors and a core subsidiary of the privately held ENN Group. Since its inception in the early 1990s, the company has built an extensive city-gas network, supplying piped natural gas, liquefied natural gas (LNG) and compressed natural gas (CNG) to residential, commercial and industrial customers across China.

The company’s primary business activities include the development, operation and management of urban gas pipeline infrastructure.

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