ENN Energy (OTCMKTS:XNGSY) Share Price Passes Above 50-Day Moving Average – Time to Sell?

ENN Energy Holdings Limited (OTCMKTS:XNGSYGet Free Report) passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $27.39 and traded as high as $28.53. ENN Energy shares last traded at $27.53, with a volume of 164,234 shares trading hands.

ENN Energy Stock Down 2.2 %

The stock has a fifty day moving average of $27.39 and a 200-day moving average of $31.18.

ENN Energy Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Friday, December 13th. Stockholders of record on Monday, November 4th will be paid a $0.256 dividend. The ex-dividend date is Monday, November 4th.

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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