Centrais Eletricas Brasileiras S.A. ADR (EBR) 20 Days SMA touches 0.29%: The odds favor the bear

Centrais Eletricas Brasileiras S.A. ADR (NYSE: EBR) on Friday, soared 2.31% from the previous trading day, before settling in for the closing price of $7.37. Within the past 52 weeks, EBR’s price has moved between $6.21 and $9.11.

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Utilities Sector giant saw their annual sales surged by 2.22% over the last five years. The company achieved an average annual earnings per share of 36.55%.

The firm has a total of 8328 workers. Let’s measure their productivity. In terms of profitability, gross margin is 45.3%, operating margin of 20.91%, and the pretax margin is -5.49%.

Centrais Eletricas Brasileiras S.A. ADR (EBR) Earnings and Forecasts

As on 6/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.15 earnings per share (EPS) for the period falling under the consensus outlook (set at 0.17) by -0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.1 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 36.55% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 3.10% during the next five years compared to -31.61% drop over the previous five years of trading.

Centrais Eletricas Brasileiras S.A. ADR (NYSE: EBR) Trading Performance Indicators

Centrais Eletricas Brasileiras S.A. ADR (EBR) is currently performing well based on its current performance indicators. A quick ratio of 2.33 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.07. Likewise, its price to free cash flow for the trailing twelve months is 19.34.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.38, a number that is poised to hit 0.17 in the next quarter and is forecasted to reach 0.78 in one year’s time.

Technical Analysis of Centrais Eletricas Brasileiras S.A. ADR (EBR)

Analysing the last 5-days average volume posted by the [Centrais Eletricas Brasileiras S.A. ADR, EBR], we can find that recorded value of 0.7 million was lower than the volume posted last year of 0.96 million. As of the previous 9 days, the stock’s Stochastic %D was 47.13%. Additionally, its Average True Range was 0.18.

During the past 100 days, Centrais Eletricas Brasileiras S.A. ADR’s (EBR) raw stochastic average was set at 77.33%, which indicates a significant increase from 66.30% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 21.95% in the past 14 days, which was lower than the 31.10% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $7.18, while its 200-day Moving Average is $7.76. Now, the first resistance to watch is $7.59. This is followed by the second major resistance level at $7.65. The third major resistance level sits at $7.69. If the price goes on to break the first support level at $7.49, it is likely to go to the next support level at $7.45. Should the price break the second support level, the third support level stands at $7.39.

Centrais Eletricas Brasileiras S.A. ADR (NYSE: EBR) Key Stats

Market capitalization of the company is 14.86 billion based on 2,301,228K outstanding shares. Right now, sales total 7,443 M and income totals 977,820 K. The company made 1,609 M in profit during its latest quarter, and 333,900 K in sales during its previous quarter.