Centrais Eletricas Brasileiras S.A. ADR (NYSE: EBR) is -33.76% lower on its value in year-to-date trading and has touched a low of $5.55 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 $5.71 in the last trading session, with the day’s loss setting it 0.0%.
Currently trading at $5.71, the stock is -7.75% and -13.68% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.77 million and changing 0.00% at the moment leaves the stock -21.45% off its SMA200. EBR registered -31.04% loss for a year compared to 6-month loss of -16.40%. The firm has a 50-day simple moving average (SMA 50) of $6.646 and a 200-day simple moving average (SMA200) of $7.28405.
The stock witnessed a -13.22% gain in the last 1 month and extending the period to 3 months gives it a -23.05%, and is -6.09% 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 2.54% over the week and 2.18% over the month.
Centrais Eletricas Brasileiras S.A. ADR (EBR) has around 8328 employees, a market worth around $11.23B and $7.36B in sales. Current P/E ratio is 6.95 and Fwd P/E is 7.97. Profit margin for the company is 25.51%. Distance from 52-week low is 2.88% and -37.32% from its 52-week high. The company has generated returns on investments over the last 12 months (5.97%).
with sales reaching $10.55B over the same period.The EPS is expected to grow by 14.25% this year, but quarterly earnings will post 3.82% year-over-year. Quarterly sales are estimated to grow 6.37% in year-over-year returns.
Centrais Eletricas Brasileiras S.A. ADR (EBR) Top Institutional Holders
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.
Centrais Eletricas Brasileiras S.A. ADR (EBR) Insider Activity
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