Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
Ecopetrol SA ADR (NYSE: EC) closed the day trading at $11.34 down -0.96% from the previous closing price of $11.45. In other words, the price has decreased by -$0.96 from its previous closing price. On the day, 1.31 million shares were traded. EC stock price reached its highest trading level at $11.64 during the session, while it also had its lowest trading level at $11.285.
Ratios:
For a better understanding of EC, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.36 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 16.21. For the most recent quarter (mrq), Quick Ratio is recorded 1.33 and its Current Ratio is at 1.58. In the meantime, Its Debt-to-Equity ratio is 1.35 whereas as Long-Term Debt/Eq ratio is at 1.15.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Morgan Stanley on March 04, 2024, Downgraded its rating to Underweight and sets its target price to $8.50 from $11 previously.
On September 21, 2023, Jefferies started tracking the stock assigning a Underperform rating and target price of $11.20.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, EC now has a Market Capitalization of 23313113088 and an Enterprise Value of 116791493787648. As of this moment, Ecopetrol’s Price-to-Earnings (P/E) ratio for their current fiscal year is 5.29, and their Forward P/E ratio for the next fiscal year is 5.32. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.72 while its Price-to-Book (P/B) ratio in mrq is 1.15. Its current Enterprise Value per Revenue stands at 0.816 whereas that against EBITDA is 1.993.
Stock Price History:
Over the past 52 weeks, EC has reached a high of $12.87, while it has fallen to a 52-week low of $8.30. The 50-Day Moving Average of the stock is -0.84%, while the 200-Day Moving Average is calculated to be -1.60%.
Shares Statistics:
Over the past 3-months, EC traded about 2.04M shares per day on average, while over the past 10 days, EC traded about 2114920 shares per day. A total of 2.06B shares are outstanding, with a floating share count of 2.06B. Insiders hold about 0.00% of the company’s shares, while institutions hold 1.68% stake in the company. Shares short for EC as of 1711584000 were 9028584 with a Short Ratio of 4.42, compared to 1709164800 on 9423180.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 8.49.
Earnings Estimates
At present, Citigroup, Inc. analysts are actively evaluating the performance of Ecopetrol SA ADR (EC) in the stock market.The consensus estimate for the next quarter is $15.53, with high estimates of $6.83 and low estimates of $18.29.
Analysts are recommending an EPS of between $Energy and $Industrials for the fiscal current year, implying an average EPS of $Energy.
