Endesa, S.A. (OTCMKTS:ELEZY) was the target of a large increase in short interest during the month of August. As of August 31st, there was short interest totalling 500 shares, an increase of 25.0% from the August 15th total of 400 shares. Based on an average daily volume of 11,000 shares, the days-to-cover ratio is presently 0.0 days.
Endesa stock opened at $10.86 on Thursday. Endesa has a 1 year low of $10.50 and a 1 year high of $15.95. The company’s 50-day moving average is $12.12 and its two-hundred day moving average is $12.99.
Several equities research analysts have recently weighed in on the stock. UBS Group reaffirmed a “buy” rating on shares of Endesa in a report on Thursday, September 9th. Grupo Santander raised shares of Endesa from a “hold” rating to a “buy” rating in a report on Wednesday, May 26th. Credit Suisse Group lowered shares of Endesa from an “outperform” rating to a “neutral” rating in a report on Thursday, July 15th. Citigroup raised shares of Endesa from a “neutral” rating to a “buy” rating in a report on Tuesday. Finally, Morgan Stanley lowered shares of Endesa from an “overweight” rating to an “equal weight” rating in a report on Tuesday, August 17th. Four equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy”.
Endesa SA engages in the generation, distribution, and sale of electricity. It is also involved in the natural gas sector and provides other energy-related services. It operates through the following segments: Generation & Supply, Distribution, and Structure. The Generation & Supply segment refers to the production of electricity from energy sources such as hydroelectric, nuclear, thermal, wind, and solar.
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