Deutsche Bank cut shares of ENAGAS S A/ADR (OTCMKTS:ENGGY) from a hold rating to a sell rating in a research report report published on Tuesday, The Fly reports.

Separately, Citigroup upgraded shares of China Petroleum & Chemical from a neutral rating to a buy rating in a research report on Tuesday, May 14th.

OTCMKTS ENGGY opened at $10.76 on Tuesday. The firm’s fifty day simple moving average is $13.53. ENAGAS S A/ADR has a 1 year low of $10.73 and a 1 year high of $15.43. The company has a debt-to-equity ratio of 1.94, a current ratio of 1.45 and a quick ratio of 1.42.

The firm also recently announced a Semi-Annual dividend, which will be paid on Thursday, July 18th. Investors of record on Tuesday, July 2nd will be given a dividend of $0.369 per share. The ex-dividend date is Monday, July 1st. This is an increase from ENAGAS S A/ADR’s previous Semi-Annual dividend of $0.25.

About ENAGAS S A/ADR

Enagás, SA engages in the development, operation, and maintenance of gas infrastructures in Spain and internationally. The company provides gas transportation services through gas pipelines; natural gas regasification services; and operates underground storage facilities. It is involved in the operation and technical management of the basic network and secondary transportation network for natural gas.

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