Centrais Eletricas Brasileiras S.A. ADR (NYSE: EBR) is -2.22% lower on its value in year-to-date trading and has touched a low of $5.45 and a high of $7.83 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 $7.06 in the last trading session, with the day’s loss setting it 0.0%.
Currently trading at $7.06, the stock is -3.02% and -4.35% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.49 million and changing 0.00% at the moment leaves the stock 4.74% off its SMA200. EBR registered 23.43% gain for a year compared to 6-month gain of 25.85%. The firm has a 50-day simple moving average (SMA 50) of $7.4054 and a 200-day simple moving average (SMA200) of $6.7422.
The stock witnessed a -5.36% loss in the last 1 month and extending the period to 3 months gives it a -2.08%, and is -2.75% 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 1.94% over the week and 1.85% over the month.
Centrais Eletricas Brasileiras S.A. ADR (EBR) has around 7710 employees, a market worth around $13.90B and $7.44B in sales. Current P/E ratio is 9.25 and Fwd P/E is 8.84. Profit margin for the company is 23.67%. Distance from 52-week low is 29.48% and -9.83% from its 52-week high. The company has generated returns on investments over the last 12 months (5.71%).
The EPS is expected to grow by 5.33% this year
155.0 institutions hold shares in Centrais Eletricas Brasileiras S.A. ADR (EBR), with institutional investors hold 1.47% of the company’s shares. Institutions hold 1.47% of the Float.
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 0.1511 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 0.123 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 2.51 million shares representing 0.1077 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.
