ENN Energy (OTCMKTS:XNGSY) Stock Rating Upgraded by Citigroup

ENN Energy (OTCMKTS:XNGSY) was upgraded by equities researchers at Citigroup from a “neutral” rating to a “buy” rating in a research report issued on Tuesday, FlyOnTheWall reports.

Separately, JPMorgan Chase & Co. downgraded shares of ENN Energy from an “overweight” rating to a “neutral” rating in a report on Friday, July 7th.

ENN Energy Price Performance

XNGSY stock traded up $0.46 during trading on Tuesday, reaching $31.96. The company’s stock had a trading volume of 28,100 shares, compared to its average volume of 29,963. The company’s fifty day moving average is $43.79 and its 200-day moving average is $50.55. ENN Energy has a 1 year low of $30.73 and a 1 year high of $65.36. The company has a current ratio of 0.75, a quick ratio of 0.70 and a debt-to-equity ratio of 0.30.

About ENN Energy

ENN Energy Holdings Limited, an investment holding company, engages in the investment, construction, operation, and management of gas pipeline infrastructures; and integrated energy, and vehicle and ship refueling stations in the People's Republic of China. It operates through five segments: Retail Gas Sales Business, Integrated Energy Business, Wholesale of Gas, Construction and Installation, and Value Added Business.