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Enagas (OTCMKTS:ENGGY) Sees Large Volume Increase – Still a Buy?
['Kim Johansen']
Markets Daily
Enagas SA Unsponsored ADR (OTCMKTS:ENGGY – Get Free Report) saw unusually-strong trading volume on Monday .
Approximately 12,375 shares were traded during trading, an increase of 458% from the previous session’s volume of 2,217 shares.The stock last traded at $8.13 and had previously closed at $7.99.
Citigroup cut Enagas from a “neutral” rating to a “sell” rating in a report on Wednesday, December 3rd.
Deutsche Bank Aktiengesellschaft downgraded shares of Enagas to a “sell” rating in a report on Monday, January 19th.
Two research analysts have rated the stock with a Sell rating, According to data from MarketBeat, Enagas currently has a consensus rating of “Sell”.