ENN Energy (OTCMKTS:XNGSY) Shares Down 4% – Time to Sell?

ENN Energy Holdings Ltd. (OTCMKTS:XNGSYGet Free Report)’s stock price dropped 4% on Thursday . The stock traded as low as $35.46 and last traded at $35.46. Approximately 152 shares traded hands during trading, a decline of 100% from the average daily volume of 43,250 shares. The stock had previously closed at $36.92.

Analysts Set New Price Targets

Separately, Zacks Research upgraded shares of ENN Energy from a “strong sell” rating to a “hold” rating in a research note on Tuesday, October 28th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Hold”.

Read Our Latest Stock Report on ENN Energy

ENN Energy Price Performance

The company has a 50 day moving average of $35.66 and a 200 day moving average of $33.71.

About ENN Energy

(Get Free Report)

ENN Energy Holdings Limited, an investment holding company, engages in the investment, construction, operation, and management of gas pipeline infrastructure in the People's Republic of China. It operates through Retail Gas Sales Business, Integrated Energy Business, Wholesale of Gas, Construction and Installation, and Value Added Business segments.

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