Enel SpA (OTCMKTS:ENLAY – Get Free Report) 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.
Analyst Upgrades and Downgrades
A number of equities analysts have weighed in on the stock. Deutsche Bank Aktiengesellschaft began coverage on shares of Enel in a research report on Wednesday, October 2nd. They issued a “hold” rating for the company. Barclays raised shares of Enel to a “strong-buy” rating in a report on Friday, September 27th.
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Enel Stock Performance
Enel Company Profile
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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