Enel Chile (NYSE:ENIC) Reaches New 1-Year Low at $4.07

Enel Chile SA – (NYSE:ENIC)’s stock price hit a new 52-week low during trading on Thursday . The company traded as low as $4.07 and last traded at $4.08, with a volume of 146543 shares. The stock had previously closed at $4.21.

The company has a market cap of $4.13 billion, a price-to-earnings ratio of 8.25 and a beta of 0.51. The business’s fifty day moving average price is $4.43 and its 200 day moving average price is $4.83.

Several large investors have recently modified their holdings of the company. Newfoundland Capital Management purchased a new position in Enel Chile in the second quarter valued at about $52,000. Royal Bank of Canada boosted its stake in Enel Chile by 538.1% in the second quarter. Royal Bank of Canada now owns 534,326 shares of the utilities provider’s stock valued at $2,554,000 after acquiring an additional 450,590 shares during the last quarter. Ladenburg Thalmann Financial Services Inc. boosted its stake in Enel Chile by 1,414.3% in the second quarter. Ladenburg Thalmann Financial Services Inc. now owns 15,173 shares of the utilities provider’s stock valued at $72,000 after acquiring an additional 14,171 shares during the last quarter. Nuveen Asset Management LLC boosted its stake in Enel Chile by 18.1% in the second quarter. Nuveen Asset Management LLC now owns 1,757,538 shares of the utilities provider’s stock valued at $8,401,000 after acquiring an additional 269,861 shares during the last quarter. Finally, UBS Asset Management Americas Inc. boosted its stake in Enel Chile by 28.7% in the second quarter. UBS Asset Management Americas Inc. now owns 32,791 shares of the utilities provider’s stock valued at $157,000 after acquiring an additional 7,311 shares during the last quarter. Institutional investors own 4.52% of the company’s stock.

About Enel Chile (NYSE:ENIC)

Enel Chile SA, an electricity utility company, engages in the generation, transmission, and distribution of electricity in Chile. The company operates through Generation Business and Distribution Business segments. It transmits and distributes electricity in 33 municipalities of the Santiago metropolitan region.

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