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Ecopetrol SA ADR (EC) Analysis & Opinions from Experts

Ecopetrol SA ADR (NYSE: EC) is -0.51% lower on its value in year-to-date trading and has touched a low of $7.21 and a high of $12.59 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 $7.88 in the last trading session, with the day’s loss setting it 0.0%.

Currently trading at $7.88, the stock is -8.62% and -16.30% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.24 million and changing 0.00% at the moment leaves the stock -13.05% off its SMA200. EC registered -31.27% loss for a year compared to 6-month gain of 2.34%.

The stock witnessed a -12.44% loss in the last 1 month and extending the period to 3 months gives it a -19.92%, and is -5.06% 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 3.25% over the week and 4.67% over the month.

Current P/E ratio is 4.42 and Fwd P/E is 5.36. Profit margin for the company is 11.45%. Distance from 52-week low is 9.29% and -37.40% from its 52-week high. The company has generated returns on investments over the last 12 months (8.40%).

The EPS is expected to shrink by -10.90% this year.

Ecopetrol SA ADR (EC) Top Institutional Holders

The shares outstanding are 2.06B, and float is at 2.06B with Short Float at 0.61%.

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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