Enel (OTCMKTS:ENLAY) Hits New 1-Year High – Should You Buy?

Enel SpA (OTCMKTS:ENLAY)’s share price hit a new 52-week high on Friday . The company traded as high as $8.13 and last traded at $8.13, with a volume of 327222 shares traded. The stock had previously closed at $7.92.

Enel Stock Performance

The stock’s fifty day moving average price is $7.30 and its two-hundred day moving average price is $7.37. The company has a market cap of $82.45 billion, a P/E ratio of 10.96, a P/E/G ratio of 2.50 and a beta of 0.98. The company has a debt-to-equity ratio of 1.23, a quick ratio of 0.77 and a current ratio of 0.86.

Enel (OTCMKTS:ENLAY) last released its earnings results on Thursday, March 13th. The utilities provider reported $0.12 earnings per share for the quarter, topping the consensus estimate of $0.11 by $0.01. The business had revenue of $22.74 billion for the quarter, compared to the consensus estimate of $39.11 billion. As a group, equities analysts predict that Enel SpA will post 0.71 earnings per share for the current year.

Enel Company Profile

Enel SpA operates as an integrated operator in electricity and gas industries worldwide. It generates, distributes, transmits, and sells electricity; transports and markets natural gas; and constructs and operates generation plants and distribution grids. The company also provides energy management services; e-vehicle charging infrastructure for public and private customers; and engages in the energy commodities business.