Centrais Eletricas Brasileiras S.A. ADR (NYSE: EBR) is -14.15% lower on its value in year-to-date trading and has touched a low of $6.21 and a high of $9.11 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 EBR stock was last observed hovering at around $7.61 in the last trading session, with the day’s loss setting it -0.21%.
Currently trading at $7.40, the stock is 1.84% and 6.30% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.65 million and changing -2.76% at the moment leaves the stock -5.03% off its SMA200. EBR registered -1.20% loss for a year compared to 6-month loss of -15.43%.
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The stock witnessed a 5.56% gain in the last 1 month and extending the period to 3 months gives it a 7.71%, and is 0.68% 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 2.27% over the week and 2.39% over the month.
Centrais Eletricas Brasileiras S.A. ADR (EBR) has around 8328 employees, a market worth around $14.59B and $7.17B in sales. Current P/E ratio is 19.33 and Fwd P/E is 8.61. Profit margin for the company is 12.33%. Distance from 52-week low is 19.16% and -18.77% from its 52-week high. The company has generated returns on investments over the last 12 months (2.90%).
Centrais Eletricas Brasileiras S.A. ADR quarterly earnings per share for the current quarter are estimated at 0.17 with sales reaching $2.24B over the same period.The EPS is expected to grow by 41.40% this year, but quarterly earnings will post 4.40% year-over-year.
The top institutional shareholder in the company is STATE STREET CORP with over 3.53 million shares valued at $22.68 million. The investor’s holdings represent 0.1529 of the EBR Shares outstanding. As of 2024-06-30, the second largest holder is UBS GROUP AG with 2.87 million shares valued at $18.47 million to account for 0.1245 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 2.51 million shares representing 0.109 and valued at over $16.17 million, while MORGAN STANLEY holds 0.0776 of the shares totaling 1.79 million with a market value of $11.52 million.
