rts logo

Ecopetrol SA ADR (EC) Stock Could Soon Reward Patient Investors

Ecopetrol SA ADR (NYSE: EC) is 1.59% higher 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 continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The EC stock was last observed hovering at around $11.84 in the last trading session, with the day’s gains setting it 0.27%.

Currently trading at $12.11, the stock is 11.29% and 5.57% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.71 million and changing 2.28% at the moment leaves the stock 5.55% off its SMA200. EC registered 21.99% gain for a year compared to 6-month gain of 5.78%. 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

The stock witnessed a 3.50% loss in the last 1 month and extending the period to 3 months gives it a 1.17%, and is 12.03% 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 2.92% over the week and 2.66% over the month.

Current P/E ratio is 5.65 and Fwd P/E is 5.88. Profit margin for the company is 13.58%. Distance from 52-week low is 44.95% and -6.54% 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 $0.53 with sales reaching $8.71B over the same period.The EPS is expected to shrink by -4.85% this year, but quarterly earnings will post 4.60% year-over-year. Quarterly sales are estimated to grow 34.80% 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 0.40%. 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.

Related Posts