ENI (ETR:ENI) Trading Down 1.9% – Here’s Why

Shares of Eni S.p.A. (ETR:ENIGet Free Report) dropped 1.9% during mid-day trading on Monday . The company traded as low as €23.56 and last traded at €23.56. Approximately 7,845 shares changed hands during trading, a decline of 71% from the average daily volume of 27,056 shares. The stock had previously closed at €24.00.

ENI Price Performance

The firm has a market capitalization of $73.92 billion, a P/E ratio of 28.61, a price-to-earnings-growth ratio of 2.57 and a beta of 0.24. The firm has a 50 day moving average price of €23.30 and a 200-day moving average price of €22.89. The company has a current ratio of 1.23, a quick ratio of 0.59 and a debt-to-equity ratio of 71.13.

About ENI

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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.

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