Ecopetrol SA ADR (NYSE: EC) is -30.02% lower on its value in year-to-date trading and has touched a low of $8.13 and a high of $12.78 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 $8.15 in the last trading session, with the day’s gains setting it 0.08%.
Currently trading at $8.23, the stock is -6.29% and -12.06% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.15 million and changing 0.98% at the moment leaves the stock -24.70% off its SMA200. EC registered -31.89% loss for a year compared to 6-month loss of -28.03%. The firm has a 50-day simple moving average (SMA 50) of $9.3588 and a 200-day simple moving average (SMA200) of $10.9994.
The stock witnessed a -9.96% gain in the last 1 month and extending the period to 3 months gives it a -23.87%, and is -5.84% 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 1.91% over the week and 2.45% over the month.
Current P/E ratio is 4.05 and Fwd P/E is 4.68. Profit margin for the company is 12.74%. Distance from 52-week low is 1.23% and -35.62% from its 52-week high. The company has generated returns on investments over the last 12 months (10.02%).
with sales reaching $7.85B over the same period.The EPS is expected to shrink by -16.94% this year, but quarterly earnings will post -0.00% year-over-year. Quarterly sales are estimated to shrink -9.60% in year-over-year returns.
Ecopetrol SA ADR (EC) Top Institutional Holders
The shares outstanding are 2.06B, and float is at 2.06B with Short Float at 0.60%.
The top institutional shareholder in the company is GQG PARTNERS LLC with over 12.32 million shares valued at $137.88 million. The investor’s holdings represent 0.03% of the EC Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 3.07 million shares valued at $34.3 million to account for 0.0075 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 1.29 million shares representing 0.0031% and valued at over $14.4 million, while JPMORGAN CHASE & CO holds 0.0025 of the shares totaling 1.04 million with a market value of $11.61 million.
Ecopetrol SA ADR (EC) Insider Activity
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