NEW YORK (

TheStreet

) -- Shares of

Eni SpA

(NYSE:

E

) were gapping up Monday morning with an open price 10.7% higher than Friday's closing price. The stock closed at $35.48 Friday and opened today's trading at $39.26.

The average volume for Eni SpA has been 1.4 million shares per day over the past 30 days. Eni SpA has a market cap of $73.1 billion and is part of the

basic materials

sector and

energy

industry. Shares are down 18.9% year to date as of the close of trading on Friday.

Eni SpA, an integrated energy company, engages in the exploration, production, transportation, transformation, and marketing of oil and natural gas. The company has a P/E ratio of 3.7, below the average energy industry P/E ratio of 8.3 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Eni SpA as a

buy

. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, revenue growth, reasonable valuation levels, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full

Eni SpA Ratings Report

.

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