Enel (OTCMKTS:ENLAY) Hits New 1-Year High – Should You Buy?

Shares of Enel SpA (OTCMKTS:ENLAY) reached a new 52-week high during trading on Friday . The stock traded as high as $8.13 and last traded at $8.13, with a volume of 327222 shares changing hands. The stock had previously closed at $7.92.

Enel Stock Up 2.7 %

The stock has a market capitalization of $82.66 billion, a price-to-earnings ratio of 10.99, a PEG ratio of 2.50 and a beta of 0.98. The company has a debt-to-equity ratio of 1.23, a current ratio of 0.86 and a quick ratio of 0.77. The business has a fifty day moving average of $7.29 and a 200 day moving average of $7.37.

Enel (OTCMKTS:ENLAY) last released its quarterly earnings results on Thursday, March 13th. The utilities provider reported $0.12 earnings per share for the quarter, topping analysts’ consensus estimates of $0.11 by $0.01. The business had revenue of $22.74 billion for the quarter, compared to analysts’ expectations of $39.11 billion. As a group, equities 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.