Endesa (OTCMKTS:ELEZY) Trading Up 0.1% – Still a Buy?

Endesa, S.A. (OTCMKTS:ELEZY)’s share price was up 0.1% during trading on Monday . The company traded as high as $15.32 and last traded at $15.25. Approximately 19,751 shares changed hands during trading, an increase of 22% from the average daily volume of 16,216 shares. The stock had previously closed at $15.24.

Wall Street Analyst Weigh In

Separately, Royal Bank Of Canada lowered Endesa to a “sector perform” rating in a research note on Monday.

Endesa Trading Up 0.1%

The stock has a 50-day simple moving average of $15.43 and a two-hundred day simple moving average of $13.28.

Endesa Increases Dividend

The company also recently announced a dividend, which will be paid on Wednesday, July 16th. Shareholders of record on Tuesday, July 1st will be given a dividend of $0.3077 per share. The ex-dividend date of this dividend is Monday, June 30th. This is a positive change from Endesa’s previous dividend of $0.26. This represents a yield of 2.97%. Endesa’s payout ratio is 75.16%.

Endesa Company Profile

Endesa, SA engages in the generation, distribution, and sale of electricity in Spain, Portugal, France, Germany, Morocco, Italy, the United Kingdom, Singapore, and internationally. The company generates electricity from various energy sources, such as hydroelectric, nuclear, thermal, wind, and solar.