ENI Spa (E) NewsBite - Downgrade Puts Pressure on ENI Spa
Posted on Friday, June 06, 2008 1:03 PM
ENI Spa
(E) opened at 80.02. So far today, the stock has hit a low of 79.27 and a high of 80.53. E is now trading at 79.51, down 1.19 (-1.49%). The stock hit its 52 week high of 85.16 in May and set its 52 week low of 59.72 in January. The stock has been generally up for the past year. Shares of ENI Spa have been dropping after a JP Morgan analyst downgraded the stock to "Neutral" from "Overweight." Technical indicators for the stock are bullish and steady while S&P gives E a very positive 5 STARS (out of 5) strong buy rating. We will just watch this one for now. There are no options available for E. [RHF - Seven Summits Strategic Investments NewsBite]