ENN Energy (OTCMKTS:XNGSY) Stock Rating Upgraded by Zacks Research

ENN Energy (OTCMKTS:XNGSY) was upgraded by Zacks Research from a “strong sell” rating to a “hold” rating in a research report issued on Tuesday,Zacks.com reports.

ENN Energy Price Performance

Shares of ENN Energy stock opened at $20.83 on Tuesday. The company has a current ratio of 0.64, a quick ratio of 0.59 and a debt-to-equity ratio of 0.19. ENN Energy has a 1 year low of $20.55 and a 1 year high of $39.40. The company has a 50 day simple moving average of $27.45 and a two-hundred day simple moving average of $32.07.

About ENN Energy

ENN Energy Holdings Limited is a leading city gas distribution and integrated energy services provider in the People’s Republic of China. The company’s core business spans the purchase, transmission and sale of natural gas, liquefied natural gas (LNG), compressed natural gas (CNG) and liquefied petroleum gas (LPG) through an extensive pipeline network. In addition to its traditional piped gas operations, ENN Energy offers installation and maintenance of gas appliances, emergency response services and energy consulting for residential, commercial and industrial customers.

Building on its gas distribution platform, ENN Energy has expanded into integrated energy projects that combine multiple energy sources such as gas, electricity, thermal energy and renewable fuels.