Enel (OTCMKTS:ENLAY) Sets New 52-Week High – Should You Buy?

Enel SpA (OTCMKTS:ENLAY)’s stock price reached a new 52-week high on Thursday . The company traded as high as $8.18 and last traded at $8.18, with a volume of 193392 shares. The stock had previously closed at $8.07.

Enel Price Performance

The company has a current ratio of 0.86, a quick ratio of 0.77 and a debt-to-equity ratio of 1.23. The company’s fifty day moving average is $7.42 and its two-hundred day moving average is $7.38. The stock has a market cap of $81.33 billion, a price-to-earnings ratio of 10.81, a P/E/G ratio of 2.50 and a beta of 0.86.

Enel (OTCMKTS:ENLAY) last issued its quarterly earnings data on Thursday, March 13th. The utilities provider reported $0.12 earnings per share for the quarter, beating analysts’ consensus estimates of $0.11 by $0.01. The firm had revenue of $22.74 billion during the quarter, compared to analyst estimates of $39.11 billion. As a group, research analysts predict that Enel SpA will post 0.71 earnings per share for the current year.

About Enel

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.