(ENJ) Entergy New Orleans Pref - Ratings and Ratios

Entergy New Orleans, LLC is a utility company that provides electricity and natural gas services primarily in New Orleans, Louisiana. As of December 31, 2017, the company operated approximately 2,500 miles of gas pipeline, serving 106,000 natural gas customers and 200,000 electricity customers. The company was rebranded from Entergy New Orleans Power, LLC to Entergy New Orleans, LLC in December 2017. It functions as a subsidiary of Entergy Corporation through Entergy Utility Group, Inc. The company plays a critical role in energy distribution within New Orleans, ensuring reliable power and gas delivery to residential, commercial, and industrial customers.

From a technical standpoint, ENJ has shown stability with a SMA 20 of 21.17 and SMA 50 of 21.00, slightly below the SMA 200 at 21.40. The stocks average volume over 20 days is 2,038 shares, with a last price of 21.31 and an ATR of 0.29, indicating low volatility. On the fundamental side, the company has a market cap of $181.37 million, a P/E ratio of 3.58, and an RoE of 7.00%, reflecting moderate profitability relative to its equity.