ENN ENERGY HOLD/ADR’s (XNGSY) Hold Rating Reiterated at Zacks Investment Research

   2019-09-29 01:09

ENN ENERGY HOLD/ADR (OTCMKTS:XNGSY)‘s stock had its “hold” rating reiterated by Zacks Investment Research in a report issued on Saturday, Zacks.com reports.

According to Zacks, “ENN Energy Holdings Ltd., formerly known as XinAo Gas Holdings Limited, operates as a distributor of clean energy in Hong Kong. Its main business portfolio consists of the clean energy distribution including the city pipeline natural gas, LPG (Liquefied Petroleum Gas), vehicle refueling gas (CNG and LPG) and DME (dimethyl ether), the non-pipeline energy delivery, and other value added services on the basis of energy distribution. The Company operates in four divisions: gas connection, sales of piped gas, distributions of bottled liquefied petroleum gas, and sales of gas appliances. ENN Energy Holdings Ltd., formerly known as XinAo Gas Holdings Limited is headquartered in Langfang, China. “



Shares of XNGSY stock traded up $0.53 during mid-day trading on Friday, reaching $42.36. The stock had a trading volume of 10,800 shares, compared to its average volume of 17,805. ENN ENERGY HOLD/ADR has a 12-month low of $29.45 and a 12-month high of $46.43. The company has a market cap of $11.28 billion, a P/E ratio of 27.33, a price-to-earnings-growth ratio of 0.78 and a beta of 0.90. The business has a 50-day simple moving average of $42.18 and a 200 day simple moving average of $39.48. The company has a current ratio of 0.65, a quick ratio of 0.61 and a debt-to-equity ratio of 0.38.

ENN ENERGY HOLD/ADR Company Profile

ENN Energy Holdings Limited, an investment holding company, engages in the investment in, construction, operation, and management of gas pipeline infrastructures, vehicle and ship refuelling stations, and integrated energy stations in the People’s Republic of China. It operates through Gas Connection, Sales of Piped Gas, Vehicle Gas Refueling Stations, Wholesale of Gas, Sales of Integrated Energy and Services, Sales of Gas Appliances, and Sales of Material segments.

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