ENN Energy (OTCMKTS:XNGSY) Shares Gap Up – Here’s What Happened
by Scott Moore · The Cerbat GemENN Energy Holdings Ltd. (OTCMKTS:XNGSY – Get Free Report) shares gapped up prior to trading on Wednesday . The stock had previously closed at $35.11, but opened at $36.70. ENN Energy shares last traded at $35.13, with a volume of 1,810 shares traded.
Analysts Set New Price Targets
Separately, Zacks Research raised shares of ENN Energy from a “strong sell” rating to a “hold” rating in a report on Tuesday, October 28th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat, ENN Energy has an average rating of “Hold”.
Read Our Latest Research Report on ENN Energy
ENN Energy Stock Up 0.1%
The stock has a 50 day simple moving average of $36.07 and a two-hundred day simple moving average of $34.02.
About ENN Energy
ENN Energy Holdings Limited is a leading city gas distribution and integrated energy services provider in the People’s Republic of China. The company’s core business spans the purchase, transmission and sale of natural gas, liquefied natural gas (LNG), compressed natural gas (CNG) and liquefied petroleum gas (LPG) through an extensive pipeline network. In addition to its traditional piped gas operations, ENN Energy offers installation and maintenance of gas appliances, emergency response services and energy consulting for residential, commercial and industrial customers.
Building on its gas distribution platform, ENN Energy has expanded into integrated energy projects that combine multiple energy sources such as gas, electricity, thermal energy and renewable fuels.