Eni S.p.A. (NYSE:E - Get Free Report)'s share price reached a new 52-week low on Thursday . The company traded as low as $26.37 and last traded at $26.46, with a volume of 271103 shares traded. The stock had previously closed at $26.85.
Analyst Upgrades and Downgrades
E has been the subject of a number of analyst reports. Jefferies Financial Group restated a "buy" rating on shares of ENI in a research report on Tuesday, October 15th. Morgan Stanley raised ENI from an "equal weight" rating to an "overweight" rating and set a $39.60 price objective on the stock in a report on Thursday, August 29th. StockNews.com raised ENI from a "hold" rating to a "buy" rating in a research note on Friday, November 1st. BNP Paribas upgraded ENI from an "underperform" rating to a "neutral" rating in a research note on Friday, September 13th. Finally, Sanford C. Bernstein cut ENI from an "outperform" rating to a "market perform" rating in a research report on Monday, September 23rd. Four analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat.com, ENI presently has a consensus rating of "Moderate Buy" and an average price target of $39.60.
Check Out Our Latest Stock Analysis on ENI
ENI Stock Down 0.5 %
The company has a debt-to-equity ratio of 0.41, a current ratio of 1.27 and a quick ratio of 1.07. The firm has a 50-day simple moving average of $29.31 and a two-hundred day simple moving average of $30.48. The company has a market cap of $44.43 billion, a PE ratio of 15.76, a P/E/G ratio of 1.68 and a beta of 0.93.
Institutional Inflows and Outflows
A number of large investors have recently made changes to their positions in E. GAMMA Investing LLC lifted its holdings in shares of ENI by 25.9% during the 3rd quarter. GAMMA Investing LLC now owns 3,075 shares of the oil and gas exploration company's stock worth $93,000 after acquiring an additional 633 shares during the period. Allspring Global Investments Holdings LLC raised its stake in ENI by 138.5% during the second quarter. Allspring Global Investments Holdings LLC now owns 5,542 shares of the oil and gas exploration company's stock worth $171,000 after purchasing an additional 3,218 shares during the period. Wealth Enhancement Advisory Services LLC acquired a new position in shares of ENI in the 3rd quarter valued at $212,000. Townsquare Capital LLC acquired a new position in shares of ENI in the 3rd quarter valued at $231,000. Finally, Aaron Wealth Advisors LLC purchased a new stake in shares of ENI during the 3rd quarter valued at $239,000. Hedge funds and other institutional investors own 1.18% of the company's stock.
About ENI
(
Get Free Report)
Eni S.p.A. operates as an integrated energy company worldwide. The company engages in exploration, development, extracting, manufacturing, and marketing crude oil and natural gas, oil-based fuels, chemical products, and gas-fired power, as well as energy products from renewable sources. It operates through Exploration & Production; Global Gas & LNG Portfolio (GGP); Enilive, Refining and Chemicals; Plenitude & Power; and Corporate and Other Activities segments.
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