In the past week, ENIC stock has gone up by 5.10%, with a monthly gain of 1.64% and a quarterly surge of 11.55%. The volatility ratio for the week is 2.37%, and the volatility levels for the last 30 days are 2.86% for Enel Chile S.A. ADR. The simple moving average for the past 20 days is 4.15% for ENIC’s stock, with a 0.80% simple moving average for the past 200 days.
Is It Worth Investing in Enel Chile S.A. ADR (NYSE: ENIC) Right Now?
The price-to-earnings ratio for Enel Chile S.A. ADR (NYSE: ENIC) is above average at 6.00x. The 36-month beta value for ENIC is also noteworthy at 1.17. There are mixed opinions on the stock, with 2 analysts rating it as a “buy,” 1 rating it as “overweight,” 1 rating it as “hold,” and 1 rating it as “sell.”
The public float for ENIC is 1.38B, and at present, short sellers hold a 0.07% of that float. The average trading volume of ENIC on May 10, 2024 was 485.47K shares.
ENIC) stock’s latest price update
Enel Chile S.A. ADR (NYSE: ENIC)’s stock price has gone rise by 1.31 in comparison to its previous close of 3.05, however, the company has experienced a 5.10% increase in its stock price over the last five trading days. InvestorPlace reported 2024-01-31 that In stock investments, a trio of companies is quietly reshaping the fortunes of ordinary investors. This is turning portfolios into sources of wealth.
Analysts’ Opinion of ENIC
Many brokerage firms have already submitted their reports for ENIC stocks, with Goldman repeating the rating for ENIC by listing it as a “Buy.” The predicted price for ENIC in the upcoming period, according to Goldman is $3.74 based on the research report published on September 29, 2021 of the previous year 2021.
ENIC Trading at 3.94% from the 50-Day Moving Average
After a stumble in the market that brought ENIC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -20.67% of loss for the given period.
Volatility was left at 2.86%, however, over the last 30 days, the volatility rate increased by 2.37%, as shares surge +0.98% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +5.10% upper at present.
During the last 5 trading sessions, ENIC rose by +5.10%, which changed the moving average for the period of 200-days by -18.04% in comparison to the 20-day moving average, which settled at $2.97. In addition, Enel Chile S.A. ADR saw -4.63% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for ENIC
Current profitability levels for the company are sitting at:
- 0.19 for the present operating margin
- 0.3 for the gross margin
The net margin for Enel Chile S.A. ADR stands at 0.15. The total capital return value is set at 0.08. Equity return is now at value 14.35, with 5.09 for asset returns.
Based on Enel Chile S.A. ADR (ENIC), the company’s capital structure generated 0.48 points at debt to capital in total, while cash flow to debt ratio is standing at 0.11. The debt to equity ratio resting at 0.93. The interest coverage ratio of the stock is 6.56.
Currently, EBITDA for the company is 1.02 trillion with net debt to EBITDA at 3.45. When we switch over and look at the enterprise to sales, we see a ratio of 1.89. The receivables turnover for the company is 2.52for trailing twelve months and the total asset turnover is 0.34. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.84.
Conclusion
In summary, Enel Chile S.A. ADR (ENIC) has had a better performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
