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Enel (OTCMKTS:ENLAY) Reaches New 1-Year High - Still a Buy?

Enel logo with Utilities background

Enel SpA (OTCMKTS:ENLAY - Get Free Report) shares reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $8.18 and last traded at $8.18, with a volume of 193392 shares changing hands. The stock had previously closed at $8.07.

Enel Trading Down 6.8 %

The business's 50-day moving average price is $7.43 and its 200 day moving average price is $7.37. The firm has a market capitalization of $75.84 billion, a price-to-earnings ratio of 10.08, a PEG ratio of 2.50 and a beta of 0.86. The company has a debt-to-equity ratio of 1.23, a current ratio of 0.86 and a quick ratio of 0.77.

Enel (OTCMKTS:ENLAY - Get Free Report) last posted its quarterly earnings data on Thursday, March 13th. The utilities provider reported $0.12 earnings per share for the quarter, beating analysts' consensus estimates of $0.11 by $0.01. The firm had revenue of $22.74 billion during the quarter, compared to analysts' expectations of $39.11 billion. On average, equities analysts forecast that Enel SpA will post 0.71 earnings per share for the current fiscal year.

About Enel

(Get Free Report)

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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