Enel (OTCMKTS:ENLAY) Stock Price Crosses Above Fifty Day Moving Average – Should You Sell?

Enel SpA (OTCMKTS:ENLAYGet Free Report)’s share price passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $7.11 and traded as high as $7.12. Enel shares last traded at $7.06, with a volume of 269,400 shares changing hands.

Enel Price Performance

The company’s 50-day simple moving average is $7.11 and its 200-day simple moving average is $7.34. The company has a current ratio of 0.86, a quick ratio of 0.77 and a debt-to-equity ratio of 1.23.

Enel Company Profile

(Get Free Report)

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.

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