After grabbing 12500.0 shares, the institutional investor is now in possession of 12500.0 shares of the Utilities Company. The new investment brought the stake of investor firm to 0.06% having worth around $99875.0. Moreover, RBC Dominion Securities, Inc. increased its share by 50.0 to have a control over 50.0 shares.
Empresa Distribuidora y Comercializadora Norte SA ADR (EDN) concluded trading on 01/19/23 at a closing price of $8.30, with 0.15 million shares of worth about $1.27 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 89.50% during that period and on Thursday the price saw a loss of about -4.71%. Currently the company’s common shares owned by public are about 43.75M shares, out of which, 20.34M shares are available for trading.
A deeper look into what the analysts at Wall Street are thinking about the price target of this stock provides us with the following: 2 analysts are covering the EDN stock and their offered price forecasts bring an average price target of $5.49. Over the next 12 months, analysts forecasted that the stock’s price could jump as high as $5.98 and could fall to a lowest price of $5.00. The stock’s current price level is -112.82% below of average price target set by the analysts, while a dip to estimated low would result in loss of -66.0% for the stock. However, touching the estimated high of $5.98 would mean a loss of -38.8% for the stock.
The company recently came buying 0.0 shares which brought its stake up to 0.18% of the company’s outstanding shares.
Empresa Distribuidora y Comercializadora Norte SA ADR (NYSE: EDN) started trading at $8.55, below -$0.16 from concluding price of the previous day. However, the stock later moved at a day high price of 8.60, or with a loss of -4.71%. Stock saw a price change of -19.10% in past 5 days and over the past one month there was a price change of 15.92%. Year-to-date (YTD), EDN shares are showing a performance of 3.88% which increased to 63.39% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $3.88 but also hit the highest price of $10.51 during that period. The average intraday trading volume for Empresa Distribuidora y Comercializadora Norte SA ADR shares is 74.00K. The stock is currently trading -4.21% below its 20-day simple moving average (SMA20), while that difference is up 7.73% for SMA50 and it goes to 29.68% higher than SMA200.
Modern Capital Management Co. acquired 12500.0 shares of Empresa Distribuidora y Comercializadora Norte SA ADR having value of about $99875.0. Empresa Distribuidora y Comercializadora Norte SA ADR (NYSE: EDN) currently have 43.75M outstanding shares and institutions hold larger chunk of about 0.30% of that. Holding of mutual funds in the company is about 0.07% while other institutional holders and individual stake holders have control over 0.24% and — of the stake respectively.
The stock has a current market capitalization of $355.74M and its 3Y-monthly beta is at 0.84. It has posted earnings per share of -$3.30 in the same period. It has Quick Ratio of 0.40 while making debt-to-equity ratio of 0.15. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for EDN, volatility over the week remained 7.55% while standing at 5.54% over the month.
Analysts are in expectations that Empresa Distribuidora y Comercializadora Norte SA ADR (EDN) stock would likely to be making an EPS of $0 in the current quarter, while forecast for next quarter EPS is $0 and it is $0 for next year. For the current quarter EPS, analysts have given the company a lowest target $0 which is $0 at the higher side of the target for the same. Stock’s fiscal year EPS is expected to rise by 20.10%.
Analysts at 2 brokerage firms have issued recommendations for the Empresa Distribuidora y Comercializadora Norte SA ADR (EDN)’s stock and average of those rates the stock at a “Moderate Sell” and assign it a score of 4.00. Out of those 2 Wall Street analysts, 0 recommended a “Buy” rating, while 0 were in favor recommending the stock as a “Hold” and 1 analyst recommended the stock as “Sell”.
On May 12, 2008, JP Morgan Downgrade their recommendations, while on June 15, 2007, Bear Stearns Initiated their ratings for the stock with a price target of $24.