Ero Copper Corp (NYSE: ERO) kicked off on Monday, up 4.43% from the previous trading day, before settling in for the closing price of $12.63. Over the past 52 weeks, ERO has traded in a range of $11.11-$24.34.
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A company in the Basic Materials sector has jumped its sales by 15.57% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded 173.33%. With a float of $94.46 million, this company’s outstanding shares have now reached $103.56 million.
In an organization with 3690 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 37.85%, operating margin of 13.29%, and the pretax margin is -16.05%.
Ero Copper Corp (ERO) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Copper Industry. The insider ownership of Ero Copper Corp is 8.80%, while institutional ownership is 71.85%.
Ero Copper Corp (ERO) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.44 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 173.33% per share during the next fiscal year.
Ero Copper Corp (NYSE: ERO) Trading Performance Indicators
Take a look at Ero Copper Corp’s (ERO) current performance indicators. Last quarter, stock had a quick ratio of 0.46. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.90.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.67, a number that is poised to hit 0.32 in the next quarter and is forecasted to reach 3.03 in one year’s time.
Technical Analysis of Ero Copper Corp (ERO)
Let’s dig in a bit further. During the last 5-days, its volume was 0.6 million. That was better than the volume of 0.51 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 85.70%. Additionally, its Average True Range was 0.61.
During the past 100 days, Ero Copper Corp’s (ERO) raw stochastic average was set at 23.66%, which indicates a significant decrease from 94.33% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 53.82% in the past 14 days, which was higher than the 45.92% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $13.33, while its 200-day Moving Average is $17.56. However, in the short run, Ero Copper Corp’s stock first resistance to watch stands at $13.46. Second resistance stands at $13.73. The third major resistance level sits at $14.14. If the price goes on to break the first support level at $12.77, it is likely to go to the next support level at $12.36. The third support level lies at $12.09 if the price breaches the second support level.
Ero Copper Corp (NYSE: ERO) Key Stats
The company with the Market Capitalisation of 1.37 billion has total of 103,563K Shares Outstanding. Its annual sales at the moment are 470,260 K in contrast with the sum of -68,480 K annual income. Company’s last quarter sales were recorded 122,500 K and last quarter income was -48,900 K.
