ENCE Energia y Celulosa SA (ENC)

Start Trading

Pricing is indicative. Past performance is not a reliable indicator of future results. Log in to see latest markets data.

ENCE Energia y Celulosa SA (ENC) Profile

Ence Energia y Celulosa SA, formerly Grupo Empresarial ENCE SA, is a Spain-based company engaged in the operation of pulp mills. The Company’s activities are divided into two business units: Pulp and Energy. The Pulp business unit is subdivided into three segments: Pulp, manufacturing pulp and pulp derivatives, such as lignin and biomass, as well as co-generating energy; Forest Management, providing forest crops and wood raw materials, and Forest Services & Other, including residual business activities, as well as forest support services. The Energy business unit focuses on generating energy using forestry and agricultural biomass, as well as, thermos and solar electric energy generation. The Company operates pulp mills and power generation plants in Spain.

ENCE Energia y Celulosa SA (ENC.xmad) News Ence manages almost 66,000 ha in Spain. 70% has been allocated to the production of wood for pulp, and 23%, (around 14,800 hectares) has been allocated to the protection and conservation of ecosystems. It is more than 85% of Ence's forest assets in Spain that have been certified by many of the most advanced international standards in the field of forest management and traceability and custody chain. These standards include the FSC® (Forest Stewardship Council®) and the PEFC (Program for the Endorsement of Forest Certification).

ENCE’s shares are listed on the Spanish stock exchange and the continuous market since it was fully privatised in 2001. They are traded in the Ibex Medium Cap index. ENCE’s stock codes on Bloomberg and Reuters are ENC.SM and ENC.MC, respectively. ENCE Energia y Celulosa SA (ENC.xmad) Analysis To establish its sustainability priorities, Ence started with a materiality analysis carried out in 2019, in which the most relevant aspects for its stakeholders and for the company itself were identified. The analysis was conducted with a long-term approach, for a period of five years (2019-2023), the same projected timeframe as the company's strategic plan and sustainability master plan.

Market cap 565.689 m EUR

Revenue: 707.7 million EUR

Holding cost
Long -5%	Short -2.5%

Trading hours in US Eastern Time
Fri 10:00 - 18:30	Mon 10:00 - 18:30	Tue 10:00 - 18:30	Wed 10:00 - 18:30
Thu 10:00 - 18:30	Sun Closed	Sat Closed

Start Trading ENCE Energia y Celulosa SA (ENC) with a Market Leader Today

Start Trading ENCE Energia y Celulosa SA (ENC)
with a Market Leader Today

Open a live account

Share CFD Trading FAQ

What is a Share CFD?

Shares represent units of ownership within a company. Shares are also known as stocks or equities. Dividend payments are common with some companies, a method of sharing company profits with shareholders. In addition to traditional share dealing, however, traders can access derivatives: trading instruments derived from the movement of an underlying share price.

Individual stock CFDs (contract for differences) fall under the umbrella of derivative products, an effective low-cost trading vehicle. While CFDs do not grant shareholder privileges, active CFD positions may receive a dividend if executed before the ex-dividend date.

What is the difference between CFD and Shares?

What is the difference
between CFD and Shares?

Each investor owning shares of a company is also owning fragments of the company. A quite simple way to explain what a stock is is basically when a company divides itself into several shares and then it makes a part of these equities available to the public, at a price. Each investor owning shares of a company is owning fragments of the company.

While shares represent units of ownership within a company Contracts for Difference (CFDs) allow traders to speculate on the future share price fluctuations of an underlying asset. Thus when trading CFDs traders do not physically own the underlying asset. CFDs are available for a range of underlying assets, such as shares, commodities, and foreign exchange, and indices.

What are the most traded share CFDs?

What are the most
traded share CFDs?

Supply and demand are the main two pillars of share price sharping. The economic situation of countries, in addition to geopolitical risks and instability, can undoubtedly affect trade, financial flow, and consequently the share CFDs prices. In such situations the stock market price fluctuations can be excessively strong, creating opportunities for traders to generate returns investing on the foreign exchange but also excessive risks.

Thus, some well-performing companies offer more opportunities to traders due to their stable, smooth, and less volatile share price movement in the markets. Some of the top traded share CFDs represent the trending industries.

Technology companies such as Tesla Inc, Apple, Microsoft, and Facebook are some of the trader’s favorite shares to trade according to Investing.com. While some of the biotech representatives that have entered the top traded list of the global markets are Moderna, Pfizer, and Johnson & Johnson.

What factors should I consider when trading Share CFDs?

What factors should I
consider when trading
Share CFDs?

The main two driving forces of the forex currency market‘s volatility are supply and demand, placing the share CFDs trading amongst the most distinct volatility performers in the markets.

The economic situation of countries and unions, in addition to geopolitical risks and instability, can undoubtedly affect trade, financial flow, and consequently the interest rate of currencies, economies, and companies. In such situations the stock market price fluctuations can be excessively strong, creating opportunities for traders to generate returns investing on the share CFDs.

For instance, the current global pandemic situation has resulted in traders’ interest turning towards pharmaceutical and biotech companies, delivery and transportation as well as streaming and production services.