On Thursday, Eldorado Gold Corp (NYSE: EGO) opened lower -1.30% from the last session, before settling in for the closing price of $20.06. Price fluctuations for EGO have ranged from $13.29 to $20.31 over the past 52 weeks.
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Basic Materials Sector giant saw their annual sales surged by 19.63% over the last five years. Company’s average yearly earnings per share was noted -2.97% at the time writing. With a float of $204.00 million, this company’s outstanding shares have now reached $204.95 million.
In terms of profitability, gross margin is 41.08%, operating margin of 31.53%, and the pretax margin is 33.01%.
Eldorado Gold Corp (EGO) Insider Activity
A key investor’s attitude towards the stock of the Gold industry is another important factor to consider. The insider ownership of Eldorado Gold Corp is 0.71%, while institutional ownership is 82.09%.
Eldorado Gold Corp (EGO) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.35 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -2.97% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 19.43% during the next five years compared to 22.81% growth over the previous five years of trading.
Eldorado Gold Corp (NYSE: EGO) Trading Performance Indicators
Check out the current performance indicators for Eldorado Gold Corp (EGO). In the past quarter, the stock posted a quick ratio of 2.77. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.07. Likewise, its price to free cash flow for the trailing twelve months is 159.10.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.41, a number that is poised to hit 0.32 in the next quarter and is forecasted to reach 2.34 in one year’s time.
Technical Analysis of Eldorado Gold Corp (EGO)
Analysing the last 5-days average volume posted by the [Eldorado Gold Corp, EGO], we can find that recorded value of 2.36 million was better than the volume posted last year of 2.03 million. As of the previous 9 days, the stock’s Stochastic %D was 92.02%. Additionally, its Average True Range was 0.85.
During the past 100 days, Eldorado Gold Corp’s (EGO) raw stochastic average was set at 92.74%, which indicates a significant increase from 89.82% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 69.16% in the past 14 days, which was higher than the 50.42% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $15.66, while its 200-day Moving Average is $16.27. Now, the first resistance to watch is $20.04. This is followed by the second major resistance level at $20.28. The third major resistance level sits at $20.46. If the price goes on to break the first support level at $19.62, it is likely to go to the next support level at $19.44. Should the price break the second support level, the third support level stands at $19.20.
Eldorado Gold Corp (NYSE: EGO) Key Stats
There are currently 205,470K shares outstanding in the company with a market cap of 4.07 billion. Presently, the company’s annual sales total 1,323 M according to its annual income of 289,120 K. Last quarter, the company’s sales amounted to 435,720 K and its income totaled 105,070 K.
