3 Stocks Dragging In The Energy Industry
2. As of noon trading, Eni SpA ( E) is down $0.26 (-0.5%) to $47.53 on heavy volume Thus far, 970,364 shares of Eni SpA exchanged hands as compared to its average daily volume of 408,800 shares. The stock has ranged in price between $46.97-$47.62 after having opened the day at $47.29 as compared to the previous trading day's close of $47.79. Eni SpA, an integrated energy company, engages in the exploration, production, transportation, transformation, and marketing of oil and natural gas. Eni SpA has a market cap of $89.0 billion and is part of the basic materials sector. The company has a P/E ratio of 5.0, below the S&P 500 P/E ratio of 17.7. Shares are down 2.7% year to date as of the close of trading on Monday. TheStreet Ratings rates Eni SpA as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and attractive valuation levels. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Eni SpA Ratings Report now. Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100%. See his top picks for 14-days FREE.
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