Enel Chile S.A. (NYSE:ENIC)’s stock price gapped up before the market opened on Thursday . The stock had previously closed at $1.93, but opened at $1.98. Enel Chile shares last traded at $1.98, with a volume of 2,097 shares trading hands.
A number of research analysts have issued reports on the company. Morgan Stanley initiated coverage on Enel Chile in a research note on Friday, October 15th. They set an “overweight” rating for the company. The Goldman Sachs Group initiated coverage on Enel Chile in a research note on Wednesday, September 29th. They issued a “buy” rating and a $3.74 price target for the company.
The company has a 50 day moving average price of $2.02 and a two-hundred day moving average price of $2.33. The stock has a market cap of $2.75 billion, a PE ratio of 4.30 and a beta of 0.83.
Enel Chile Company Profile (NYSE:ENIC)
Enel Chile SA engages in the development, operation, generation, and distribution of electricity. It operates through following segments: Generation, Transmission, and Distribution. The Generation segment supplies electricity to end customers using lines and substations that belong to transmission and distribution companies.
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