According to Zacks, “ENN Energy Holdings Ltd., formerly known as XinAo Gas Holdings Limited, operates as a distributor of clean energy in Hong Kong. Its main business portfolio consists of the clean energy distribution including the city pipeline natural gas, LPG (Liquefied Petroleum Gas), vehicle refueling gas (CNG and LPG) and DME (dimethyl ether), the non-pipeline energy delivery, and other value added services on the basis of energy distribution. The Company operates in four divisions: gas connection, sales of piped gas, distributions of bottled liquefied petroleum gas, and sales of gas appliances. ENN Energy Holdings Ltd., formerly known as XinAo Gas Holdings Limited is headquartered in Langfang, China. “
Several other equities research analysts have also commented on the stock. JPMorgan Chase & Co. lowered shares of ENN ENERGY HOLD/ADR from an overweight rating to a neutral rating in a research note on Wednesday, June 24th. ValuEngine lowered shares of ENN ENERGY HOLD/ADR from a hold rating to a sell rating in a research note on Wednesday, April 29th.
Shares of XNGSY opened at $44.53 on Friday. ENN ENERGY HOLD/ADR has a twelve month low of $30.59 and a twelve month high of $50.47. The firm’s fifty day simple moving average is $46.60 and its 200-day simple moving average is $44.19.
The business also recently declared an annual dividend, which will be paid on Thursday, August 6th. Investors of record on Monday, May 18th will be paid a dividend of $0.812 per share. This is a positive change from ENN ENERGY HOLD/ADR’s previous annual dividend of $0.50. This represents a yield of 1.77%. The ex-dividend date is Friday, May 15th.
ENN ENERGY HOLD/ADR Company Profile
ENN Energy Holdings Limited, an investment holding company, engages in the investment in, construction, operation, and management of gas pipeline infrastructures, vehicle and ship refuelling stations, and integrated energy stations in the People's Republic of China. It operates through Gas Connection, Sales of Piped Gas, Vehicle Gas Refueling Stations, Wholesale of Gas, Sales of Integrated Energy and Services, Sales of Gas Appliances, and Sales of Material segments.
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