EDN has 36-month beta value of 1.41. Analysts have mixed views on the stock, with 1 analysts rating it as a “buy,” 1 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for EDN is 20.54M, and currently, short sellers hold a 0.70% ratio of that float. The average trading volume of EDN on January 10, 2025 was 209.71K shares.
EDN) stock’s latest price update
Empresa Distribuidora y Comercial Norte S.A. ADR (NYSE: EDN)’s stock price has dropped by -12.13 in relation to previous closing price of 42.62. Nevertheless, the company has seen a loss of -12.72% in its stock price over the last five trading days. seekingalpha.com reported 2024-11-11 that Empresa Distribuidora y Comercializadora Norte Sociedad Anónima (NYSE:EDN ) Q3 2024 Earnings Conference Call November 11, 2024 9:00 AM ET Company Participants Solange Barthe – Investor Relations Manager German Ranftl – Chief Financial Officer Solange Barthe On behalf of Edenor, we would like to thank everybody for participating in this conference call to discuss the results of the Third Quarter ended September 30, 2024. We will also highlight important recent development advances in our efforts to strengthen our position as an energy leader.
EDN’s Market Performance
EDN’s stock has fallen by -12.72% in the past week, with a monthly drop of -19.46% and a quarterly rise of 72.74%. The volatility ratio for the week is 9.75% while the volatility levels for the last 30 days are 7.01% for Empresa Distribuidora y Comercial Norte S.A. ADR The simple moving average for the past 20 days is -16.28% for EDN’s stock, with a 56.94% simple moving average for the past 200 days.
EDN Trading at -4.54% from the 50-Day Moving Average
After a stumble in the market that brought EDN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -27.55% of loss for the given period.
Volatility was left at 7.01%, however, over the last 30 days, the volatility rate increased by 9.75%, as shares sank -17.76% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +41.00% upper at present.
During the last 5 trading sessions, EDN fell by -12.72%, which changed the moving average for the period of 200-days by +102.43% in comparison to the 20-day moving average, which settled at $44.73. In addition, Empresa Distribuidora y Comercial Norte S.A. ADR saw -12.72% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for EDN
Current profitability levels for the company are sitting at:
- -0.03 for the present operating margin
- 0.16 for the gross margin
The net margin for Empresa Distribuidora y Comercial Norte S.A. ADR stands at 0.13. The total capital return value is set at -0.02. Equity return is now at value -25.08, with -7.72 for asset returns.
Based on Empresa Distribuidora y Comercial Norte S.A. ADR (EDN), the company’s capital structure generated 0.23 points at debt to capital in total, while cash flow to debt ratio is standing at 0.49. The debt to equity ratio resting at 0.29. The interest coverage ratio of the stock is -0.12.
Currently, EBITDA for the company is 586.64 billion with net debt to EBITDA at 0.59. When we switch over and look at the enterprise to sales, we see a ratio of 1.7. The receivables turnover for the company is 3.88for trailing twelve months and the total asset turnover is 0.45. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.82.
Conclusion
To put it simply, Empresa Distribuidora y Comercial Norte S.A. ADR (EDN) has had a mixed performance in recent times. Analysts have a bullish opinion on the stock, with some rating 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.