On Tuesday, Ero Copper Corp (NYSE: ERO) opened lower -4.36% from the last session, before settling in for the closing price of $10.09. Price fluctuations for ERO have ranged from $9.37 to $24.34 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Basic Materials sector saw sales topped by 12.45%. Company’s average yearly earnings per share was noted 171.21% at the time writing. With a float of $94.46 million, this company’s outstanding shares have now reached $103.56 million.
The extent of productivity of a business whose workforce counts for 3690 workers is very important to gauge. 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 Updates
A key investor’s attitude towards the stock of the Copper industry is another important factor to consider. The insider ownership of Ero Copper Corp is 8.80%, while institutional ownership is 71.77%.
Ero Copper Corp (ERO) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.49 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 171.21% per share during the next fiscal year.
Ero Copper Corp (NYSE: ERO) Trading Performance Indicators
Check out the current performance indicators for Ero Copper Corp (ERO). In the past quarter, the stock posted a quick ratio of 0.46. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.13.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.67, a number that is poised to hit 0.34 in the next quarter and is forecasted to reach 3.11 in one year’s time.
Technical Analysis of Ero Copper Corp (ERO)
The latest stats from [Ero Copper Corp, ERO] show that its last 5-days average volume of 0.73 million was superior to 0.51 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 9.80%. Additionally, its Average True Range was 0.78.
During the past 100 days, Ero Copper Corp’s (ERO) raw stochastic average was set at 3.87%, which indicates a significant decrease from 5.82% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 70.35% in the past 14 days, which was higher than the 50.96% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $12.80, while its 200-day Moving Average is $16.92. Now, the first resistance to watch is $10.34. This is followed by the second major resistance level at $11.04. The third major resistance level sits at $11.45. If the price goes on to break the first support level at $9.23, it is likely to go to the next support level at $8.82. Assuming the price breaks the second support level, the third support level stands at $8.12.
Ero Copper Corp (NYSE: ERO) Key Stats
There are currently 103,563K shares outstanding in the company with a market cap of 999.45 million. Presently, the company’s annual sales total 470,260 K according to its annual income of -68,480 K. Last quarter, the company’s sales amounted to 122,500 K and its income totaled -48,900 K.
