Enel (OTCMKTS:ENLAY) Sets New 12-Month High at $7.79

Enel SpA (OTCMKTS:ENLAY) shares hit a new 52-week high on Tuesday . The stock traded as high as $7.79 and last traded at $7.77, with a volume of 340545 shares traded. The stock had previously closed at $7.76.

Analysts Set New Price Targets

Separately, Jefferies Financial Group raised shares of Enel from a “hold” rating to a “buy” rating in a report on Friday, July 12th.

Enel Price Performance

The stock has a fifty day moving average price of $7.29 and a 200-day moving average price of $6.94.

Enel (OTCMKTS:ENLAY) last posted its earnings results on Friday, July 26th. The utilities provider reported $0.23 earnings per share (EPS) for the quarter. The company had revenue of $20.77 billion during the quarter. As a group, sell-side analysts anticipate that Enel SpA will post 0.75 earnings per share for the current fiscal year.

Enel Cuts Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, August 14th. Investors of record on Tuesday, July 23rd were paid a dividend of $0.1248 per share. The ex-dividend date of this dividend was Tuesday, July 23rd.

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.