Naturgy Energy Group (OTCMKTS:GASNY) Trading Up 1.5% – Time to Buy?

Naturgy Energy Group, S.A. (OTCMKTS:GASNY)’s share price rose 1.5% during trading on Monday . The company traded as high as $4.80 and last traded at $4.75. Approximately 18,619 shares traded hands during mid-day trading, a decline of 12% from the average daily volume of 21,134 shares. The stock had previously closed at $4.68.

Naturgy Energy Group Stock Performance

The business has a fifty day moving average of $4.93 and a 200-day moving average of $4.89.

Naturgy Energy Group Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, November 21st. Investors of record on Tuesday, November 12th were paid a $0.066 dividend. The ex-dividend date of this dividend was Tuesday, November 12th. Naturgy Energy Group’s dividend payout ratio is currently 80.00%.

About Naturgy Energy Group

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 Distribution Networks and Energy Markets segments. The company engages in the regulated gas and electricity distribution; sale of liquefied natural gas and the maritime transport business; management 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.