ENN Energy (OTCMKTS:XNGSY) Shares Gap Down – Time to Sell?

by · The Cerbat Gem

Shares of ENN Energy Holdings Ltd. (OTCMKTS:XNGSYGet Free Report) gapped down before the market opened on Wednesday . The stock had previously closed at $36.92, but opened at $34.54. ENN Energy shares last traded at $36.0350, with a volume of 554 shares.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised ENN Energy from a “strong sell” rating to a “hold” rating in a research report on Tuesday, October 28th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold”.

View Our Latest Report on XNGSY

ENN Energy Stock Down 2.6%

The business’s fifty day moving average price is $35.60 and its 200 day moving average price is $33.69.

ENN Energy Company Profile

(Get Free Report)

ENN Energy Holdings Limited, an investment holding company, engages in the investment, construction, operation, and management of gas pipeline infrastructure in the People's Republic of China. It operates through Retail Gas Sales Business, Integrated Energy Business, Wholesale of Gas, Construction and Installation, and Value Added Business segments.

See Also