Eni S.p.A. (NYSE:E) saw unusually-strong trading volume on Tuesday . Approximately 7,807 shares were traded during trading, a decline of 98% from the previous session’s volume of 401,753 shares.The stock last traded at $24.83 and had previously closed at $24.95.

Several research analysts have recently weighed in on E shares. DZ Bank raised shares of ENI from a “sell” rating to a “hold” rating in a report on Tuesday, February 23rd. JPMorgan Chase & Co. reissued an “underweight” rating on shares of ENI in a report on Wednesday, March 3rd. Morgan Stanley raised shares of ENI from an “underweight” rating to an “overweight” rating in a report on Tuesday, March 30th. Sanford C. Bernstein lowered shares of ENI from a “market perform” rating to an “underperform” rating in a research report on Monday, January 4th. Finally, Jefferies Financial Group initiated coverage on shares of ENI in a research report on Thursday, January 21st. They set a “hold” rating for the company. Three equities research analysts have rated the stock with a sell rating, six have given a hold rating and four have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of $16.00.

The firm has a market capitalization of $45.25 billion, a P/E ratio of -4.14 and a beta of 1.06. The stock’s 50-day simple moving average is $23.92 and its two-hundred day simple moving average is $20.18. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.29 and a quick ratio of 1.12.

ENI (NYSE:E) last posted its quarterly earnings results on Friday, February 19th. The oil and gas exploration company reported $0.05 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.03 by $0.02. ENI had a negative net margin of 19.46% and a negative return on equity of 0.62%. The business had revenue of $14.24 billion during the quarter. On average, analysts forecast that Eni S.p.A. will post -1.01 earnings per share for the current fiscal year.

Several large investors have recently modified their holdings of the stock. Advisors Asset Management Inc. raised its stake in ENI by 27.2% during the third quarter. Advisors Asset Management Inc. now owns 33,987 shares of the oil and gas exploration company’s stock valued at $528,000 after purchasing an additional 7,260 shares in the last quarter. CI Investments Inc. raised its stake in ENI by 479.4% during the fourth quarter. CI Investments Inc. now owns 770,894 shares of the oil and gas exploration company’s stock valued at $15,880,000 after purchasing an additional 637,841 shares in the last quarter. Toroso Investments LLC purchased a new stake in ENI during the fourth quarter valued at $1,298,000. Private Capital Group LLC raised its stake in ENI by 40.9% during the fourth quarter. Private Capital Group LLC now owns 6,940 shares of the oil and gas exploration company’s stock valued at $143,000 after purchasing an additional 2,013 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV purchased a new stake in ENI during the fourth quarter valued at $255,000.

ENI Company Profile (NYSE:E)

Franklin Resources, Inc is a publicly owned asset management holding company. Through its subsidiaries, the firm provides its services to individuals, institutions, pension plans, trusts, and partnerships. It launches equity, fixed income, balanced, and multi-asset mutual funds through its subsidiaries.

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