A new trading day began on Friday, with Empresa Distribuidora y Comercial Norte S.A. ADR (NYSE: EDN) stock price up 3.82% from the previous day of trading, before settling in for the closing price of $18.59. EDN’s price has ranged from $10.06 to $21.80 over the past 52 weeks.
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During the last 5-year period, the sales growth of Utilities Sector giant was 7.70%. Meanwhile, its annual earnings per share averaged -1342.40%. With a float of $20.54 million, this company’s outstanding shares have now reached $20.59 million.
Let’s determine the extent of company efficiency that accounts for 4635 employees. In terms of profitability, gross margin is 16.91%, operating margin of -0.4%, and the pretax margin is -3.18%.
Empresa Distribuidora y Comercial Norte S.A. ADR (EDN) Recent Fiscal highlights
In its latest quarterly report, released on 6/30/2024, the company reported earnings of -0.23 per share, which was $0.1 lower than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.13 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -1342.40% per share during the next fiscal year.
Empresa Distribuidora y Comercial Norte S.A. ADR (NYSE: EDN) Trading Performance Indicators
Here are Empresa Distribuidora y Comercial Norte S.A. ADR’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.62. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.20.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.07, a number that is poised to hit -100.43 in the next quarter and is forecasted to reach 126.33 in one year’s time.
Technical Analysis of Empresa Distribuidora y Comercial Norte S.A. ADR (EDN)
Looking closely at Empresa Distribuidora y Comercial Norte S.A. ADR (NYSE: EDN), its last 5-days average volume was 65260.0, which is a drop from its year-to-date volume of 73704.0. As of the previous 9 days, the stock’s Stochastic %D was 69.29%. Additionally, its Average True Range was 0.86.
During the past 100 days, Empresa Distribuidora y Comercial Norte S.A. ADR’s (EDN) raw stochastic average was set at 76.24%, which indicates a significant decrease from 83.74% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 41.71% in the past 14 days, which was lower than the 56.05% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $16.64, while its 200-day Moving Average is $17.42. However, in the short run, Empresa Distribuidora y Comercial Norte S.A. ADR’s stock first resistance to watch stands at $19.85. Second resistance stands at $20.40. The third major resistance level sits at $21.03. If the price goes on to break the first support level at $18.67, it is likely to go to the next support level at $18.04. Now, if the price goes above the second support level, the third support stands at $17.49.
Empresa Distribuidora y Comercial Norte S.A. ADR (NYSE: EDN) Key Stats
With a market capitalization of 426.72 million, the company has a total of 45,323K Shares Outstanding. Currently, annual sales are 2,664 M while annual income is 183,810 K. The company’s previous quarter sales were 480,390 K while its latest quarter income was 52,000 K.
