Naturgy Energy Group (OTCMKTS:GASNF) Shares Down 6.5% – Should You Sell?

Shares of Naturgy Energy Group, S.A. (OTCMKTS:GASNF) dropped 6.5% during mid-day trading on Thursday . The company traded as low as $23.56 and last traded at $23.56. Approximately 1,809 shares changed hands during mid-day trading, an increase of 165% from the average daily volume of 683 shares. The stock had previously closed at $25.19.

Naturgy Energy Group Stock Performance

The business’s 50 day simple moving average is $25.16 and its 200-day simple moving average is $25.17.

Naturgy Energy Group Company Profile

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.