ENI (ETR:ENI) Shares Down 0.5% – Here’s Why

Eni S.p.A. (ETR:ENI) was down 0.5% during trading on Friday . The company traded as low as €13.61 ($14.33) and last traded at €13.61 ($14.33). Approximately 8,368 shares changed hands during trading, a decline of 69% from the average daily volume of 27,056 shares. The stock had previously closed at €13.68 ($14.40).

ENI Price Performance

The company has a current ratio of 1.32, a quick ratio of 0.59 and a debt-to-equity ratio of 67.16. The company has a fifty day moving average price of €13.44 and a two-hundred day moving average price of €13.96. The firm has a market cap of $42.74 billion, a P/E ratio of 11.54, a PEG ratio of 2.57 and a beta of 1.01.

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.