Enel (OTCMKTS:ENLAY) Sets New 52-Week High at $7.92

Enel SpA (OTCMKTS:ENLAY) reached a new 52-week high on Monday . The stock traded as high as $7.92 and last traded at $7.92, with a volume of 291757 shares changing hands. The stock had previously closed at $7.83.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group raised Enel from a “hold” rating to a “buy” rating in a report on Friday, July 12th.

Enel Trading Down 0.9 %

The company has a 50-day moving average of $7.36 and a 200-day moving average of $6.99.

Enel (OTCMKTS:ENLAY) last announced its earnings results on Friday, July 26th. The utilities provider reported $0.23 earnings per share (EPS) for the quarter. The company had revenue of $20.77 billion for the quarter. On average, equities research analysts anticipate that Enel SpA will post 0.75 earnings per share for the current year.

Enel Cuts Dividend

The business also recently announced a dividend, which was paid on Wednesday, August 14th. Investors of record on Tuesday, July 23rd were given a dividend of $0.1248 per share. 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.