Ecopetrol SA ADR (EC) volume exceeds 1.5 million: A new investment opportunity for investors

On Thursday, Ecopetrol SA ADR (NYSE: EC) remained unchanged from the previous day of trading 2.93% from the last session, before settling in for the closing price of $8.86. Price fluctuations for EC have ranged from $7.21 to $12.59 over the past 52 weeks.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

Over the past five-year period, the growth rate of yearbook sales for the company of the Energy sector was 12.15%. Company’s average yearly earnings per share was noted -3.99% at the time writing. 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 37.76%, operating margin of 28.19%, and the pretax margin is 22.88%.

Ecopetrol SA ADR (EC) Breakdown of a Key Holders of the stock

A key investor’s attitude towards the stock of the Oil & Gas Integrated industry is another important factor to consider. The insider ownership of Ecopetrol SA ADR is 0.00%, while institutional ownership is 1.00%.

Ecopetrol SA ADR (EC) Recent Fiscal highlights

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.3 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -3.99% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -4.39% during the next five years compared to -1.92% drop over the previous five years of trading.

Ecopetrol SA ADR (NYSE: EC) Trading Performance Indicators

Check out the current performance indicators for Ecopetrol SA ADR (EC). In the past quarter, the stock posted a quick ratio of 1.27. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.58. Likewise, its price to free cash flow for the trailing twelve months is 2.52.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.78, a number that is poised to hit 0.32 in the next quarter and is forecasted to reach 1.56 in one year’s time.

Technical Analysis of Ecopetrol SA ADR (EC)

Compared to the last year’s volume of 2.83 million, its volume of 2.27 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 72.71%. Additionally, its Average True Range was 0.49.

During the past 100 days, Ecopetrol SA ADR’s (EC) raw stochastic average was set at 47.04%, which indicates a significant increase from 45.96% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 88.18% in the past 14 days, which was higher than the 47.19% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $9.81, while its 200-day Moving Average is $9.22. Nevertheless, the first resistance level for the watch stands at $9.25 in the near term. At $9.37, the stock is likely to face the second major resistance level. The third major resistance level sits at $9.52. If the price goes on to break the first support level at $8.98, it is likely to go to the next support level at $8.83. Now, if the price goes above the second support level, the third support stands at $8.71.

Ecopetrol SA ADR (NYSE: EC) Key Stats

There are currently 2,055,835K shares outstanding in the company with a market cap of 18.75 billion. Presently, the company’s annual sales total 171,828 M according to its annual income of 25,273 M. Last quarter, the company’s sales amounted to 6,921 M and its income totaled 729,800 K.