Ecopetrol SA ADR (NYSE: EC) on Monday, plunged -1.94% from the previous trading day, before settling in for the closing price of $8.23. Within the past 52 weeks, EC’s price has moved between $8.13 and $12.78.
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Energy Sector giant saw their annual sales surged by 10.43% over the last five years. The company achieved an average annual earnings per share of -16.08%. With a float of $2.06 billion, this company’s outstanding shares have now reached $2.06 billion.
In terms of profitability, gross margin is 34.92%, operating margin of 27.29%, and the pretax margin is 23.44%.
Ecopetrol SA ADR (EC) Insider Activity
Observing investor behavior towards Oil & Gas Integrated industry stocks is more important than anything else. The insider ownership of Ecopetrol SA ADR is 0.00%, while institutional ownership is 1.40%.
Ecopetrol SA ADR (EC) Earnings and Forecasts
As on 6/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.61 earnings per share (EPS) for the period topping the consensus outlook (set at 0.51) by 0.1. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.4 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -16.08% per share during the next fiscal year.
Ecopetrol SA ADR (NYSE: EC) Trading Performance Indicators
Ecopetrol SA ADR (EC) is currently performing well based on its current performance indicators. A quick ratio of 1.20 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 0.51. Likewise, its price to free cash flow for the trailing twelve months is 2.85.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.03, a number that is poised to hit 0.43 in the next quarter and is forecasted to reach 1.76 in one year’s time.
Technical Analysis of Ecopetrol SA ADR (EC)
Analysing the last 5-days average volume posted by the [Ecopetrol SA ADR, EC], we can find that recorded value of 2.86 million was better than the volume posted last year of 2.02 million. As of the previous 9 days, the stock’s Stochastic %D was 6.77%. Additionally, its Average True Range was 0.23.
During the past 100 days, Ecopetrol SA ADR’s (EC) raw stochastic average was set at 1.29%, which indicates a significant decrease from 4.74% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 25.98% in the past 14 days, which was lower than the 33.17% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $9.31, while its 200-day Moving Average is $10.98. Now, the first resistance to watch is $8.26. This is followed by the second major resistance level at $8.46. The third major resistance level sits at $8.58. If the price goes on to break the first support level at $7.94, it is likely to go to the next support level at $7.82. Should the price break the second support level, the third support level stands at $7.62.
Ecopetrol SA ADR (NYSE: EC) Key Stats
Market capitalization of the company is 16.59 billion based on 2,055,840K outstanding shares. Right now, sales total 171,828 M and income totals 25,273 M. The company made 9,788 M in profit during its latest quarter, and 1,013 M in sales during its previous quarter.
