Market Momentum: Ecopetrol SA ADR (EC) Registers a -0.66 Decrease, Closing at 7.56

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Ecopetrol SA ADR (NYSE: EC) closed the day trading at $7.56 down -0.66% from the previous closing price of $7.61. In other words, the price has decreased by -$0.66 from its previous closing price. On the day, 2.61 million shares were traded. EC stock price reached its highest trading level at $7.63 during the session, while it also had its lowest trading level at $7.52.

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 4.20 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 2.67. For the most recent quarter (mrq), Quick Ratio is recorded 1.20 and its Current Ratio is at 1.48. In the meantime, Its Debt-to-Equity ratio is 1.56 whereas as Long-Term Debt/Eq ratio is at 1.34.

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, JP Morgan on September 25, 2024, Downgraded its rating to Underweight and sets its target price to $8.50 from $12 previously.

Morgan Stanley Downgraded its Equal-Weight to Underweight on March 04, 2024, whereas the target price for the stock was revised from $11 to $8.50.

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 15542074368 and an Enterprise Value of 125144332763136. As of this moment, Ecopetrol’s Price-to-Earnings (P/E) ratio for their current fiscal year is 3.72, and their Forward P/E ratio for the next fiscal year is 4.51. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.47 while its Price-to-Book (P/B) ratio in mrq is 0.87. Its current Enterprise Value per Revenue stands at 0.935 whereas that against EBITDA is 2.289.

Stock Price History:

Over the past 52 weeks, EC has reached a high of $12.78, while it has fallen to a 52-week low of $7.59. The 50-Day Moving Average of the stock is -13.84%, while the 200-Day Moving Average is calculated to be -29.31%.

Shares Statistics:

Over the past 3-months, EC traded about 2.13M shares per day on average, while over the past 10 days, EC traded about 2402210 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 1.39% stake in the company. Shares short for EC as of 1728950400 were 13304560 with a Short Ratio of 6.24, compared to 1726185600 on 11452053. Therefore, it implies a Short% of Shares Outstanding of 13304560 and a Short% of Float of 5.6199998.

Dividends & Splits

EC’s forward annual dividend rate is 2.40, up from 278.0 a year ago. Against a Trailing Annual Dividend Yield of 36.53088The stock’s 5-year Average Dividend Yield is 11.76.

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