The price-to-earnings ratio for Ecopetrol SA ADR (NYSE: EC) is above average at 5.45x, Company’s 36-month beta value is 1.29.Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 8 as “hold,” and 4 as “sell.”
The public float for EC is 2.06B, and currently, short sellers hold a 0.44% ratio of that floaft. The average trading volume of EC on April 25, 2024 was 2.03M shares.
EC) stock’s latest price update
Ecopetrol SA ADR (NYSE: EC) has experienced a decline in its stock price by -0.34 compared to its previous closing price of 11.73. However, the company has seen a gain of 2.10% in its stock price over the last five trading days. Zacks Investment Research reported 2024-04-10 that Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.
EC’s Market Performance
EC’s stock has risen by 2.10% in the past week, with a monthly rise of 6.72% and a quarterly rise of 0.36%. The volatility ratio for the week is 2.29% while the volatility levels for the last 30 days are 2.90% for Ecopetrol SA ADR The simple moving average for the last 20 days is -0.94% for EC’s stock, with a simple moving average of 1.17% for the last 200 days.
Analysts’ Opinion of EC
Many brokerage firms have already submitted their reports for EC stocks, with Morgan Stanley repeating the rating for EC by listing it as a “Underweight.” The predicted price for EC in the upcoming period, according to Morgan Stanley is $8.50 based on the research report published on March 04, 2024 of the current year 2024.
Jefferies, on the other hand, stated in their research note that they expect to see EC reach a price target of $11.20. The rating they have provided for EC stocks is “Underperform” according to the report published on September 21st, 2023.
EC Trading at 2.43% from the 50-Day Moving Average
After a stumble in the market that brought EC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -9.15% of loss for the given period.
Volatility was left at 2.90%, however, over the last 30 days, the volatility rate increased by 2.29%, as shares surge +6.47% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -1.76% lower at present.
During the last 5 trading sessions, EC rose by +2.10%, which changed the moving average for the period of 200-days by +12.40% in comparison to the 20-day moving average, which settled at $11.86. In addition, Ecopetrol SA ADR saw -1.24% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for EC
Current profitability levels for the company are sitting at:
- 0.29 for the present operating margin
- 0.36 for the gross margin
The net margin for Ecopetrol SA ADR stands at 0.13. The total capital return value is set at 0.17. Equity return is now at value 23.19, with 6.51 for asset returns.
Based on Ecopetrol SA ADR (EC), the company’s capital structure generated 0.57 points at debt to capital in total, while cash flow to debt ratio is standing at 0.16. The debt to equity ratio resting at 1.34. The interest coverage ratio of the stock is 4.53.
Currently, EBITDA for the company is 37.25 trillion with net debt to EBITDA at 1.84. When we switch over and look at the enterprise to sales, we see a ratio of 1.34. The receivables turnover for the company is 3.59for trailing twelve months and the total asset turnover is 0.5. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.58.
Conclusion
In a nutshell, Ecopetrol SA ADR (EC) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
