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ENN Energy (OTCMKTS:XNGSY) Stock Passes Above Fifty Day Moving Average - Time to Sell?

ENN Energy logo with Utilities background

ENN Energy Holdings Limited (OTCMKTS:XNGSY - Get Free Report) shares passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $27.39 and traded as high as $28.53. ENN Energy shares last traded at $27.53, with a volume of 164,234 shares.

ENN Energy Price Performance

The stock has a fifty day moving average of $27.41 and a two-hundred day moving average of $31.14.

ENN Energy Cuts Dividend

The firm also recently declared a dividend, which will be paid on Friday, December 13th. Shareholders of record on Monday, November 4th will be given a dividend of $0.256 per share. The ex-dividend date is Monday, November 4th.

About ENN Energy

(Get Free Report)

ENN Energy Holdings Limited, an investment holding company, engages in the investment, construction, operation, and management of gas pipeline infrastructure in the People's Republic of China. It operates through Retail Gas Sales Business, Integrated Energy Business, Wholesale of Gas, Construction and Installation, and Value Added Business segments.

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