ENI (ETR:ENI) Stock Price Down 4.8% – Here’s What Happened
by Tristan Rich · The Markets DailyEni S.p.A. (ETR:ENI – Get Free Report) shares fell 4.8% during mid-day trading on Tuesday . The company traded as low as €21.97 and last traded at €22.14. 22,060 shares were traded during mid-day trading, a decline of 18% from the average daily volume of 27,056 shares. The stock had previously closed at €23.24.
ENI Stock Down 0.8%
The company’s 50-day simple moving average is €23.26 and its two-hundred day simple moving average is €20.16. The company has a debt-to-equity ratio of 74.34, a current ratio of 1.16 and a quick ratio of 0.59. The firm has a market capitalization of $69.02 billion, a P/E ratio of 26.71, a P/E/G ratio of 2.57 and a beta of 0.24.
About ENI
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.