Enel (OTCMKTS:ENLAY) Sets New 52-Week High at $7.60

Enel SpA (OTCMKTS:ENLAY - Get Free Report) shares reached a new 52-week high on Wednesday . The company traded as high as $7.60 and last traded at $7.56, with a volume of 129625 shares. The stock had previously closed at $7.54.

Analysts Set New Price Targets

Separately, Jefferies Financial Group raised shares of Enel from a "hold" rating to a "buy" rating in a research report on Friday, July 12th.

Enel Trading Up 0.3 %

The company has a 50-day moving average of $7.20 and a 200 day moving average of $6.88.

Enel (OTCMKTS:ENLAY - Get Free Report) last released its quarterly earnings results on Friday, July 26th. The utilities provider reported $0.23 EPS for the quarter. The company had revenue of $20.77 billion for the quarter. On average, analysts forecast that Enel SpA will post 0.75 earnings per share for the current fiscal year.

Enel Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, August 14th. Shareholders of record on Tuesday, July 23rd were paid a $0.1248 dividend. The ex-dividend date of this dividend was Tuesday, July 23rd.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.