Ecopetrol SA ADR (EC) Moves 3.19% Higher: These Numbers are Too Good to be True

As on Wednesday, Ecopetrol SA ADR (NYSE: EC) got off with the flyer as it spiked 3.19% to $11.33, before settling in for the price of $10.98 at the close. Taking a more long-term approach, EC posted a 52-week range of $8.35-$12.96.

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The Energy sector firm’s twelve-monthly sales growth has been 10.43% for the last half of the decade. Meanwhile, its Annual Earning per share during the time was 2.43%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -4.58%. This publicly-traded company’s shares outstanding now amounts to $2.06 billion, simultaneously with a float of $2.06 billion. The organization now has a market capitalization sitting at $23.29 billion. At the time of writing, stock’s 50-day Moving Average stood at $11.47, while the 200-day Moving Average is $11.63.

Ecopetrol SA ADR (EC) Ownership Facts and Figures

Another important factor to analyze is how key investors are playing towards the stock of the Oil & Gas Integrated industry. Ecopetrol SA ADR’s current insider ownership accounts for 0.00%, in contrast to 1.69% institutional ownership.

Ecopetrol SA ADR (EC) Earnings and Revenue Records

If we go through the results of last quarter, which was made public on 12/30/2023, the company posted $0.51 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at $0.54) by -$0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.5 per share during the current fiscal year.

Ecopetrol SA ADR’s EPS decrease for this current 12-month fiscal period is -4.58% and is forecasted to reach 2.06 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will decrease by -5.50% through the next 5 years, which can be compared against the 2.43% growth it accomplished over the previous five years trading on the market.

Ecopetrol SA ADR (NYSE: EC) Trading Performance Indicators

Let’s observe the current performance indicators for Ecopetrol SA ADR (EC). It’s Quick Ratio in the last reported quarter now stands at 1.33. The Stock has managed to achieve an average true range (ATR) of 0.28. Alongside those numbers, its PE Ratio stands at $5.29, and its Beta score is 1.27. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.72. Similarly, its price to free cash flow for trailing twelve months is now 16.20.

In the same vein, EC’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 2.14, a figure that is expected to reach 0.55 in the next quarter, and analysts are predicting that it will be 2.06 at the market close of one year from today.

Technical Analysis of Ecopetrol SA ADR (EC)

Through scrutinizing the latest numbers posted by the [Ecopetrol SA ADR, EC], it can be observed that its last 5-days Average volume of 1.69 million was lower the volume of 1.85 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 83.11% While, its Average True Range was 0.29.

Raw Stochastic average of Ecopetrol SA ADR (EC) in the period of the previous 100 days is set at 36.49%, which indicates a major fall in contrast to 96.74% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 22.53% that was lower than 29.17% volatility it exhibited in the past 100-days period.