ENI (ETR:ENI) Share Price Passes Above 50 Day Moving Average – What’s Next?

Eni S.p.A. (ETR:ENI) passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of €20.11 and traded as high as €24.77. ENI shares last traded at €24.68, with a volume of 26,133 shares changing hands.

ENI Stock Up 4.2%

The firm has a market capitalization of $77.98 billion, a P/E ratio of 30.18, a PEG ratio of 2.57 and a beta of 0.57. The firm’s 50 day moving average is €20.11 and its two-hundred day moving average is €17.27. The company has a debt-to-equity ratio of 80.60, a current ratio of 1.17 and a quick ratio of 0.59.

ENI Company Profile

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.