ENN Energy (OTCMKTS:XNGSY) Shares Pass Above 50-Day Moving Average – Here’s Why

ENN Energy Holdings Limited (OTCMKTS:XNGSYGet Free Report)’s stock price crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $27.96 and traded as high as $28.68. ENN Energy shares last traded at $28.01, with a volume of 53,133 shares changing hands.

ENN Energy Price Performance

The business has a 50-day moving average of $27.96 and a 200-day moving average of $29.07.

ENN Energy Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, December 13th. Stockholders of record on Monday, November 4th were issued a $0.256 dividend. The ex-dividend date of this dividend was Monday, November 4th.

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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