Ecopetrol SA ADR (NYSE:EC) shares, rose in value on Wednesday, May 07, with the stock price up by 0.38% to the previous day’s close as strong demand from buyers drove the stock to $7.91.
Actively observing the price movement in the last trading, the stock closed the session at $7.88. The PE ratio was 4.43 over 12-month period. Referring to stock’s 52-week performance, its high was $12.59, and the low was $7.21. On the whole, EC has fluctuated by -10.42% over the past month.
With the market capitalization of Ecopetrol SA ADR currently standing at about $16.26 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 0.75, with its dividend yield at 9.48%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that EC’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the price of EC currently trading nearly -8.15% and -15.56% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 33.75, while the 7-day volatility ratio is showing 3.41% which for the 30-day chart, stands at 4.46%. Furthermore, Ecopetrol SA ADR (EC)’s beta value is 0.94, and its average true range (ATR) is 0.37.
A comparison of Ecopetrol SA ADR (EC) with its peers suggests the former has fared considerably weaker in the market. EC showed an intraday change of 0.38% in last session, and over the past year, it shrunk by -31.01%%.
Data on historical trading for Ecopetrol SA ADR (NYSE:EC) indicates that the trading volumes over the past 3 months, they’ve averaged 2.81 million. According to company’s latest data on outstanding shares, there are 2.06 billion shares outstanding.
Nearly 0.00% of Ecopetrol SA ADR’s shares belong to company insiders and institutional investors own 1.01% of the company’s shares. The stock has fallen by -0.13% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the EC stock heading into the next quarter.
