ENI S.p.A. (E) Shares are Up 2.85%

ENI S.p.A. (E) has been under a strong bear grip, hence the stock is down -5.02% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 2.68% in the past 1 week. The stock has risen by 2.85% in the past week indicating that the buyers are active at lower levels, but the stock is down -5.53% in the past 4 weeks.

The stock has recorded a 20-day Moving Average of 0.1% and the 50-Day Moving Average is 1.25%.The 200 Day SMA reached 0.98%


ENI S.p.A. (NYSE:E): The stock opened in the green at $28.9 on Friday, but the bulls found it difficult to push the prices higher. The stock reached a high of $29.01 and a low of $28.72 for the day. The stock did not find buyers even at the lows and closed at $28.87 recording a loss of -0.14%. 847,561 shares exchanged hands during the trading day. The stock had closed at $28.87 in the previous days trading.

Eni SpA (Eni) is engaged in oil and gas exploration, development and production, marketing of gas, electricity and liquefied natural gas (LNG), power generation, refining and marketing of petroleum products, production and marketing of petrochemical products, commodity trading and oilfield services and engineering industries. The Companys operating segments includes Exploration & Production, which engages in oil and natural gas exploration and field development and production; Gas & Power, which engages in supply, trading and marketing of gas and electricity, international gas transport activities, and LNG supply and marketing; Refining & Marketing, which engages in crude oil supply and refining and marketing of petroleum products; Chemicals activities include production of olefins and aromatics, basic intermediate products, polyethylene and elastomers, and Engineering & Construction, which engages in oilfield services, construction and engineering activities.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.