Enel Chile S.A. ADR (NYSE: ENIC) is -8.02% lower on its value in year-to-date trading and has touched a low of $2.51 and a high of $3.40 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 ENIC stock was last observed hovering at around $2.94 in the last trading session, with the day’s gains setting it 0.04%.
Currently trading at $2.98, the stock is 6.13% and 7.06% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.54 million and changing 1.36% at the moment leaves the stock 4.95% off its SMA200. ENIC registered -12.35% loss for a year compared to 6-month loss of 6.43%. The firm has a 50-day simple moving average (SMA 50) of $2.7804 and a 200-day simple moving average (SMA200) of $2.83925.
The stock witnessed a 10.37% gain in the last 1 month and extending the period to 3 months gives it a 10.78%, and is 3.11% 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 4.40% over the week and 2.64% over the month.
Enel Chile S.A. ADR (ENIC) has around 2077 employees, a market worth around $4.12B and $5.09B in sales. Current P/E ratio is 4.88 and Fwd P/E is 8.16. Profit margin for the company is 16.62%. Distance from 52-week low is 18.73% and -12.35% from its 52-week high. The company has generated returns on investments over the last 12 months (8.74%).
The EPS is expected to shrink by -9.47% this year
The shares outstanding are 1.38B, and float is at 1.38B with Short Float at 0.05%.
The top institutional shareholder in the company is BLACKROCK INC. with over 6.73 million shares valued at $18.85 million. The investor’s holdings represent 0.0097 of the ENIC Shares outstanding. As of 2024-06-30, the second largest holder is BRANDES INVESTMENT PARTNERS, LP with 3.64 million shares valued at $10.17 million to account for 0.0053 of the shares outstanding. The other top investors are MORGAN STANLEY which holds 3.18 million shares representing 0.0046 and valued at over $8.9 million, while AQR CAPITAL MANAGEMENT LLC holds 0.0045 of the shares totaling 3.08 million with a market value of $8.63 million.
