Enel (OTCMKTS:ENLAY) Reaches New 1-Year High – Still a Buy?

Enel SpA (OTCMKTS:ENLAY) shares hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $8.18 and last traded at $8.18, with a volume of 193392 shares traded. The stock had previously closed at $8.07.

Enel Stock Performance

The company has a current ratio of 0.86, a quick ratio of 0.77 and a debt-to-equity ratio of 1.23. The stock’s 50-day moving average price is $7.36 and its 200-day moving average price is $7.37. The company has a market capitalization of $83.16 billion, a P/E ratio of 11.05, a P/E/G ratio of 2.50 and a beta of 0.98.

Enel (OTCMKTS:ENLAY) last released its quarterly earnings results on Thursday, March 13th. The utilities provider reported $0.12 EPS for the quarter, topping the consensus estimate of $0.11 by $0.01. The firm had revenue of $22.74 billion for the quarter, compared to the consensus estimate of $39.11 billion. As a group, equities analysts expect that Enel SpA will post 0.71 EPS for the current year.

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.