On Monday, Empresa Distribuidora y Comercial Norte S.A. ADR (NYSE: EDN) opened higher 36.95% from the last session, before settling in for the closing price of $19.38. Price fluctuations for EDN have ranged from $14.38 to $51.69 over the past 52 weeks.
A company in the Utilities sector has jumped its sales by 3.43% annually for the last half of the decade. Company’s average yearly earnings per share was noted -144.83% at the time writing. With a float of $22.09 million, this company’s outstanding shares have now reached $22.11 million.
Empresa Distribuidora y Comercial Norte S.A. ADR (EDN) Performance Highlights and Predictions
If we go through the results of last quarter, which was made public on 3/31/2024, the company posted 1.32 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at 2.68) by -1.36.
According to the Wall Street analysts, stocks earnings will be around -144.83% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 7.25% during the next five years compared to 3.43% growth over the previous five years of trading.
Empresa Distribuidora y Comercial Norte S.A. ADR (NYSE: EDN) Trading Performance Indicators
Check out the current performance indicators for Empresa Distribuidora y Comercial Norte S.A. ADR (EDN). In the past quarter, the stock posted a quick ratio of 0.81. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.25.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 6.25 and is forecasted to reach 0.85 in one year’s time.
Technical Analysis of Empresa Distribuidora y Comercial Norte S.A. ADR (EDN)
Let’s dig in a bit further. During the last 5-days, its volume was 0.39 million. That was better than the volume of 0.17 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 57.13%.
During the past 100 days, Empresa Distribuidora y Comercial Norte S.A. ADR’s (EDN) raw stochastic average was set at 62.58%, which indicates a significant decrease from 76.54% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 2.09 in the past 14 days, which was higher than the 1.56 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $19.06, while its 200-day Moving Average is $28.67. However, in the short run, Empresa Distribuidora y Comercial Norte S.A. ADR’s stock first resistance to watch stands at $29.33. Second resistance stands at $32.12. The third major resistance level sits at $34.27. If the price goes on to break the first support level at $24.39, it is likely to go to the next support level at $22.24. Assuming the price breaks the second support level, the third support level stands at $19.45.
Empresa Distribuidora y Comercial Norte S.A. ADR (NYSE: EDN) Key Stats
There are currently 45,323K shares outstanding in the company with a market cap of 586.80 million. Presently, the company’s annual sales total 2,247 M according to its annual income of 299,340 K. Last quarter, the company’s sales amounted to 560,690 K and its income totaled 83,640 K.
