Ecopetrol SA ADR’s (EC) Stock: A Week-by-Week Analysis

In the past week, EC stock has gone up by 8.07%, with a monthly decline of -1.52% and a quarterly plunge of -20.30%. The volatility ratio for the week is 3.46%, and the volatility levels for the last 30 days are 2.68% for Ecopetrol SA ADR The simple moving average for the past 20 days is 4.42% for EC’s stock, with a -22.85% simple moving average for the past 200 days.

Is It Worth Investing in Ecopetrol SA ADR (NYSE: EC) Right Now?

Ecopetrol SA ADR (NYSE: EC) has a higher price-to-earnings ratio of 3.99x compared to its average ratio, The 36-month beta value for EC is at 1.23. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 8 as “hold,” and 4 as “sell.”

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The public float for EC is 2.06B, and currently, shorts hold a 0.69% of that float. The average trading volume for EC on November 18, 2024 was 2.37M shares.

EC) stock’s latest price update

The stock price of Ecopetrol SA ADR (NYSE: EC) has surged by 2.34 when compared to previous closing price of 7.92, but the company has seen a 8.07% gain in its stock price over the last five trading sessions. globenewswire.com reported 2024-11-18 that INCHEON, South Korea and CAMBRIDGE, Mass., Nov. 18, 2024 (GLOBE NEWSWIRE) — Samsung Bioepis Co., Ltd. and Biogen Inc. (Nasdaq: BIIB) today announced that the European Commission (EC) has approved OPUVIZ™ 40 mg/mL solution for injection in a vial, a biosimilar referencing Eylea1,2 (aflibercept), developed and registered by Samsung Bioepis.

Analysts’ Opinion of EC

Many brokerage firms have already submitted their reports for EC stocks, with JP Morgan repeating the rating for EC by listing it as a “Underweight.” The predicted price for EC in the upcoming period, according to JP Morgan is $8.50 based on the research report published on September 25, 2024 of the current year 2024.

Morgan Stanley gave a rating of “Underweight” to EC, setting the target price at $8.50 in the report published on March 04th of the current year.

EC Trading at -3.75% 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 -36.60% of loss for the given period.

Volatility was left at 2.68%, however, over the last 30 days, the volatility rate increased by 3.46%, as shares surge +0.50% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -10.29% lower at present.

During the last 5 trading sessions, EC rose by +8.13%, which changed the moving average for the period of 200-days by -31.21% in comparison to the 20-day moving average, which settled at $7.76. In addition, Ecopetrol SA ADR saw -31.09% 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:

  • 0.25 for the present operating margin
  • 0.33 for the gross margin

The net margin for Ecopetrol SA ADR stands at 0.11. The total capital return value is set at 0.14. Equity return is now at value 20.03, with 5.42 for asset returns.

Based on Ecopetrol SA ADR (EC), the company’s capital structure generated 0.61 points at debt to capital in total, while cash flow to debt ratio is standing at 0.3. The debt to equity ratio resting at 1.54. The interest coverage ratio of the stock is 5.18.

Currently, EBITDA for the company is 59.83 trillion with net debt to EBITDA at 2.75. When we switch over and look at the enterprise to sales, we see a ratio of 1.32. The receivables turnover for the company is 5.65for trailing twelve months and the total asset turnover is 0.46. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.68.

Conclusion

In conclusion, Ecopetrol SA ADR (EC) has had a bad performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others 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.

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