Centrais Eletricas Brasileiras S.A. ADR (NYSE: EBR) is -17.05% 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 $7.30 in the last trading session, with the day’s loss setting it -0.15%.
Currently trading at $7.15, the stock is -4.62% and -1.21% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.12 million and changing -2.05% at the moment leaves the stock -7.45% off its SMA200. EBR registered -0.69% loss for a year compared to 6-month loss of -15.88%. The firm has a 50-day simple moving average (SMA 50) of $7.2368 and a 200-day simple moving average (SMA200) of $7.7189.
The stock witnessed a -6.54% gain in the last 1 month and extending the period to 3 months gives it a 13.13%, and is -7.02% down 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 2.59% over the week and 2.12% over the month.
Centrais Eletricas Brasileiras S.A. ADR (EBR) has around 8328 employees, a market worth around $14.10B and $7.17B in sales. Current P/E ratio is 18.68 and Fwd P/E is 9.07. Profit margin for the company is 12.33%. Distance from 52-week low is 15.14% and -21.51% 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 0.16 with sales reaching $2.18B over the same period.The EPS is expected to grow by 31.01% this year, but quarterly earnings will post 12.90% 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.
