ENN Energy (OTCMKTS:XNGSY) Shares Gap Down – What’s Next?

ENN Energy Holdings Ltd. (OTCMKTS:XNGSYGet Free Report) gapped down prior to trading on Tuesday . The stock had previously closed at $32.74, but opened at $31.34. ENN Energy shares last traded at $32.32, with a volume of 438 shares.

ENN Energy Price Performance

The company’s 50 day moving average price is $32.28 and its 200-day moving average price is $30.17. The company has a quick ratio of 0.64, a current ratio of 0.68 and a debt-to-equity ratio of 0.26.

ENN Energy Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, August 8th. Shareholders of record on Friday, May 30th will be issued a dividend of $1.0154 per share. The ex-dividend date of this dividend is Thursday, May 29th. This is an increase from ENN Energy’s previous dividend of $0.26. This represents a yield of 3.86%.

About ENN Energy

(Get Free Report)

ENN Energy Holdings Limited, an investment holding company, engages in the investment, construction, operation, and management of gas pipeline infrastructure in the People's Republic of China. It operates through Retail Gas Sales Business, Integrated Energy Business, Wholesale of Gas, Construction and Installation, and Value Added Business segments.

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