ENN Energy (OTCMKTS:XNGSY) Stock Price Passes Above 50 Day Moving Average – Here’s Why

by · The Cerbat Gem

Shares of ENN Energy Holdings Limited (OTCMKTS:XNGSY – Get Free Report) crossed above its 50-day moving average during trading on Friday . The stock has a 50-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 traded.

ENN Energy Stock Performance

The company’s 50 day simple moving average is $27.39 and its two-hundred day simple moving average is $31.18.

ENN Energy Cuts Dividend

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

ENN Energy Company Profile

(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.

See Also