ENI (ETR:ENI) Shares Up 3.6% – Still a Buy?

Eni S.p.A. (ETR:ENI)’s stock price rose 3.6% on Wednesday . The company traded as high as €23.40 and last traded at €23.35. Approximately 29,497 shares changed hands during trading, an increase of 9% from the average daily volume of 27,056 shares. The stock had previously closed at €22.54.

ENI Trading Up 3.8%

The stock has a market cap of $75.63 billion, a PE ratio of 29.27, a PEG ratio of 2.57 and a beta of 0.57. The company has a quick ratio of 0.59, a current ratio of 1.17 and a debt-to-equity ratio of 80.60. The stock’s fifty day moving average price is €18.49 and its 200 day moving average price is €16.60.

About ENI

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.