Ecolab, Inc. (ECL) is -0.25% away from 50-day simple Moving Average despite all headwinds

A new trading day began on Tuesday, with Ecolab, Inc. (NYSE: ECL) stock price up 0.61% from the previous day of trading, before settling in for the closing price of $219.04. ECL’s price has ranged from $156.72 to $231.86 over the past 52 weeks.

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Annual sales at Basic Materials sector company grew by 1.38% over the past five years. Meanwhile, its annual earnings per share averaged 23.06%. With a float of $254.25 million, this company’s outstanding shares have now reached $285.45 million.

Let’s look at the performance matrix of the company that is accounted for 48000 employees.

Ecolab, Inc. (ECL) Insider and Institutional Ownership

As we move forward, let’s examine how large-scale investors are investing in this stock of the Specialty Chemicals Industry. The insider ownership of Ecolab, Inc. is 11.07%, while institutional ownership is 79.30%. The most recent insider transaction that took place on Feb 15 ’24, was worth 203,913. In this transaction SVP & CORPORATE CONTROLLER of this company sold 944 shares at a rate of $216.01, taking the stock ownership to the 3,029 shares. Before that another transaction happened on Dec 04 ’23, when Company’s EVP – HUMAN RESOURCES sold 11,917 for $191.41, making the entire transaction worth $2,281,081. This insider now owns 20,538 shares in total.

Ecolab, Inc. (ECL) Latest Financial update

Wall Street market experts anticipate that the next fiscal year will bring earnings of 126.60 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 23.06% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 15.55% during the next five years compared to -0.37% drop over the previous five years of trading.

Ecolab, Inc. (NYSE: ECL) Trading Performance Indicators

Here are Ecolab, Inc.’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.95. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.11. Likewise, its price to free cash flow for the trailing twelve months is 38.49.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.79, a number that is poised to hit 1.34 in the next quarter and is forecasted to reach 7.28 in one year’s time.

Technical Analysis of Ecolab, Inc. (ECL)

Ecolab, Inc. (NYSE: ECL) saw its 5-day average volume 1.26 million, a positive change from its year-to-date volume of 1.21 million. As of the previous 9 days, the stock’s Stochastic %D was 14.91%. Additionally, its Average True Range was 3.28.

During the past 100 days, Ecolab, Inc.’s (ECL) raw stochastic average was set at 75.53%, which indicates a significant increase from 14.90% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 15.50% in the past 14 days, which was lower than the 18.78% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $221.36, while its 200-day Moving Average is $193.01. Nevertheless, the first resistance level for the watch stands at $221.81 in the near term. At $223.24, the stock is likely to face the second major resistance level. The third major resistance level sits at $224.72. If the price goes on to break the first support level at $218.90, it is likely to go to the next support level at $217.42. The third support level lies at $215.99 if the price breaches the second support level.

Ecolab, Inc. (NYSE: ECL) Key Stats

With a market capitalization of 63.01 billion, the company has a total of 285,912K Shares Outstanding. Currently, annual sales are 15,320 M while annual income is 1,372 M. The company’s previous quarter sales were 3,938 M while its latest quarter income was 405,200 K.