Naturgy Energy Group, S.A. (OTCMKTS:GASNY) Short Interest Update

Naturgy Energy Group, S.A. (OTCMKTS:GASNY) was the target of a significant decline in short interest in July. As of July 15th, there was short interest totaling 200 shares, a decline of 99.5% from the June 30th total of 38,822 shares. Based on an average trading volume of 210,219 shares, the short-interest ratio is presently 0.0 days.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on GASNY shares. Morgan Stanley raised shares of Naturgy Energy Group to an “overweight” rating in a research report on Thursday, May 21st. BNP Paribas Exane upgraded shares of Naturgy Energy Group from a “neutral” rating to an “outperform” rating in a report on Thursday, May 21st. Finally, Royal Bank Of Canada raised Naturgy Energy Group from a “sector perform” rating to an “outperform” rating in a research report on Tuesday, April 21st. One analyst has rated the stock with a Strong Buy rating and three have issued a Buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Buy”.

Naturgy Energy Group Stock Performance

Naturgy Energy Group stock traded down $0.07 on Friday, hitting $6.73. 29,398 shares of the stock traded hands, compared to its average volume of 61,789. Naturgy Energy Group has a 1 year low of $5.61 and a 1 year high of $6.91. The business’s fifty day simple moving average is $6.54 and its 200 day simple moving average is $6.25.

Naturgy Energy Group Company Profile

Naturgy Energy Group is a Madrid?based global energy company primarily engaged in the distribution, transportation and commercialization of natural gas, as well as the generation and sale of electricity. Formerly known as Gas Natural Fenosa, the company rebranded to Naturgy in 2018 to reflect its broader focus on energy transition and sustainability. Its core activities span gas infrastructure development, liquefied natural gas (LNG) operations, power generation and retail energy services.

The company’s gas business encompasses network maintenance, storage and regasification terminals, alongside long?term supply agreements and LNG trading.