ENAGAS S A/ADR (OTCMKTS:ENGGY) Downgraded to “Sell” at Deutsche Bank

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ENAGAS S A/ADR (OTCMKTS:ENGGY) was downgraded by equities research analysts at Deutsche Bank from a “hold” rating to a “sell” rating in a research note issued to investors on Tuesday, The Fly reports.

Separately, Citigroup upgraded China Petroleum & Chemical from a “neutral” rating to a “buy” rating in a research note on Tuesday, May 14th.

OTCMKTS:ENGGY traded up $0.13 during trading hours on Tuesday, reaching $10.90. 42,073 shares of the stock were exchanged, compared to its average volume of 22,424. The company has a quick ratio of 1.42, a current ratio of 1.45 and a debt-to-equity ratio of 1.94. The stock has a 50-day simple moving average of $13.60. ENAGAS S A/ADR has a twelve month low of $10.73 and a twelve month high of $15.43.

ENAGAS S A/ADR Company Profile

Enagás, SA engages in the development, operation, and maintenance of gas infrastructures in Spain and internationally. The company provides gas transportation services through gas pipelines; natural gas regasification services; and operates underground storage facilities. It is involved in the operation and technical management of the basic network and secondary transportation network for natural gas.

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