ENI (ETR:ENI) Stock Price Up 3.6% – Time to Buy?

Eni S.p.A. (ETR:ENI) shot up 3.6% during mid-day trading on Wednesday . The stock traded as high as €23.40 and last traded at €23.35. 29,497 shares were traded during mid-day trading, an increase of 9% from the average session volume of 27,056 shares. The stock had previously closed at €22.54.

ENI Stock Performance

The company’s fifty day moving average price is €18.34 and its 200 day moving average price is €16.56. The company has a market cap of $73.80 billion, a PE ratio of 28.56, a P/E/G ratio of 2.57 and a beta of 0.57. The company has a debt-to-equity ratio of 80.60, a current ratio of 1.17 and a quick ratio of 0.59.

ENI Company Profile

Eni S.p.A. operates as an integrated energy company worldwide. The company engages in exploration, development, extracting, manufacturing, and marketing crude oil and natural gas, oil-based fuels, chemical products, and gas-fired power, as well as energy products from renewable sources. It operates through Exploration & Production; Global Gas & LNG Portfolio (GGP); Enilive, Refining and Chemicals; Plenitude & Power; and Corporate and Other Activities segments. The company engages in research, development, and production of oil, condensates, and natural gas.