Ecopetrol SA ADR (NYSE: EC) is -9.40% lower on its value in year-to-date trading and has touched a low of $8.35 and a high of $12.96 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The EC stock was last observed hovering at around $11.03 in the last trading session, with the day’s loss setting it -0.23%.
Currently trading at $10.80, the stock is -3.79% and -7.31% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.14 million and changing -2.09% at the moment leaves the stock -5.35% off its SMA200. EC registered 11.60% gain for a year compared to 6-month loss of -11.45%. The firm has a 50-day simple moving average (SMA 50) of $0.00 and a 200-day simple moving average (SMA200) of $0.00.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a -8.71% gain in the last 1 month and extending the period to 3 months gives it a -15.43%, and is 2.56% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.42% over the week and 2.36% over the month.
Ecopetrol SA ADR (EC) has around 18903 employees, a market worth around $22.20B and $32.46B in sales. Current P/E ratio is 5.04 and Fwd P/E is 5.49. Profit margin for the company is 13.58%. Distance from 52-week low is 29.27% and -16.65% from its 52-week high. The company has generated returns on investments over the last 12 months (10.12%).
Ecopetrol SA ADR quarterly earnings per share for the current quarter are estimated at $0.49 with sales reaching $8.76B over the same period.The EPS is expected to shrink by -7.07% this year, but quarterly earnings will post 3.70% year-over-year. Quarterly sales are estimated to grow 35.50% in year-over-year returns.
Ecopetrol SA ADR (EC) Top Institutional Holders
192 institutions hold shares in Ecopetrol SA ADR (EC), with institutional investors hold 1.81% of the company’s shares. The shares outstanding are 2.06B, and float is at 2.06B with Short Float at 0.46%. Institutions hold 1.81% of the Float.
The top institutional shareholder in the company is Blackrock Inc. with over 7.16 million shares valued at $73.4 million. The investor’s holdings represent 0.35% of the EC Shares outstanding. As of Jun 29, 2023, the second largest holder is Vanguard Group Inc with 3.06 million shares valued at $31.33 million to account for 0.15% of the shares outstanding. The other top investors are Marshall Wace LLP which holds 1.25 million shares representing 0.06% and valued at over $12.83 million, while Connor Clark & Lunn Investment Management Ltd holds 0.05% of the shares totaling 1.08 million with a market value of $11.1 million.
