Naturgy Energy Group (OTCMKTS:GASNY) Trading Up 0.5%

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Naturgy Energy Group, S.A. (OTCMKTS:GASNYGet Rating)’s stock price was up 0.5% during mid-day trading on Friday . The company traded as high as $5.68 and last traded at $5.65. Approximately 5,003 shares were traded during mid-day trading, a decline of 65% from the average daily volume of 14,278 shares. The stock had previously closed at $5.62.

Separately, Barclays lifted their target price on shares of Naturgy Energy Group from €29.00 ($30.21) to €29.60 ($30.83) and gave the company an “equal weight” rating in a research note on Wednesday, May 18th. Six investment analysts have rated the stock with a sell rating and four have issued a hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Reduce” and a consensus target price of $19.17.

The firm’s 50-day moving average is $5.78 and its two-hundred day moving average is $5.90.

About Naturgy Energy Group (OTCMKTS:GASNY)

Naturgy Energy Group, SA, together with its subsidiaries, engages in the supply, liquefaction, regasification, transport, storage, distribution, and sale of natural gas. It operates through Energy and Network Management, Renewables and New Business, Supply, and Rest segments. The company engages in the regulated gas and electricity distribution; sale of liquefied natural gas and the sea transport business; management of the gas pipelines and conventional thermal generation facilities; and generation and sale of electricity through wind, mini-hydro, solar, and cogeneration sources, as well as provision of supply management services.

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