Enel SpA (OTCMKTS:ENLAY – Get Free Report) shares passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $7.70 and traded as low as $6.90. Enel shares last traded at $6.94, with a volume of 322,872 shares trading hands.
Wall Street Analyst Weigh In
ENLAY has been the subject of a number of research analyst reports. Barclays upgraded shares of Enel to a “strong-buy” rating in a research note on Friday, September 27th. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Enel in a research report on Wednesday, October 2nd. They issued a “hold” rating for the company.
View Our Latest Research Report on ENLAY
Enel Stock Performance
About Enel
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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