Friday, March 29

The Chart for Ecopetrol SA (EC) Is Flashing Mixed Signals – News Heater


Ecopetrol SA (NYSE:EC) went down by -1.11% from its latest closing price compared to the recent 1-year high of $15.91. The company’s stock price has collected 0.26% of gains in the last five trading sessions.

Is It Worth Investing in Ecopetrol SA (NYSE :EC) Right Now?

Ecopetrol SA (NYSE:EC) scored a price-to-earnings ratio above its average ratio, recording 10.84 x from its present earnings ratio. Plus, the 36-month beta value for EC is at 1.56. Opinions of the stock are interesting as 6 analysts out of 13 who provided ratings for Ecopetrol SA declared the stock was a “buy,” while 0 rated the stock as “overweight,” 7 rated it as “hold,” and 0 as “sell .”

3 Tiny Stocks Primed to Explode The world’s greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We’ve set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free.

Sponsored

The average price from analysts is $64393.57, which is $2.36 above the current price. EC currently public float of 221.63M and currently shorts hold a 2.38% ratio of that float. Today, the average trading volume of EC was 864.33K shares.

EC’s Market Performance

EC stocks went up by 0.26% for the week, with a monthly jump of 4.19% and a quarterly performance of 8.83%, while its annual performance rate touched 21.77%. The volatility ratio for the week stands at 2.34% while the volatility levels for the past 30 days are set at 2.62% for Ecopetrol SA. The simple moving average for the period of the last 20 days is 2.88% for EC stocks with a simple moving average of 9.79% for the last 200 days.

Also Read  British student who had to be evacuated from Afghanistan plans to travel to Ukraine

Analysts’ Opinion of EC

Many brokerage firms have already submitted their reports for EC stocks, with Goldman repeating the rating for EC by listing it as a “Neutral.” The predicted price for EC in the upcoming period, according to Goldman is $14.70 based on the research report published on December 16th of the previous year 2021.

JP Morgan, on the other hand, stated in their research note that they expect to see EC reach a price target of $16.50. The rating they have provided for EC stocks is “Underweight” according to the report published on November 29th, 2021.

EC Trading at 8.26% from the 50-Day Moving Average

After a stumble in the market that brought EC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now setting with -4.71% of loss for the given period.

Volatility was left at 2.62%, however, over the last 30 days, the volatility rate increased by 2.34%, as shares arise +5.35% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +7.29% higher at present.

During the last 5 trading sessions, EC rose by +0.26%, which changed the moving average for the period of 200-days by +25.60% in comparison to the 20-day moving average, which settled at $14.77. In addition, Ecopetrol SA saw 17.61% in overturn over a single year, with a tendency to cut further gains.

Stock Fundamentals for EC

Equity return is now at value 19.80, with 6.70 for asset returns.

Also Read  US states seek to ease inflation burden with direct payments


newsheater.com

Leave a Reply

Your email address will not be published. Required fields are marked *