Centrais Eletricas Brasileiras S.A. ADR (EBR): Are Investors Missing The Big Picture?

Centrais Eletricas Brasileiras S.A. ADR (NYSE:EBR) does about 1.16M shares in volume on a normal day but saw 2229412 shares change hands in Friday trading. The company now has a market cap of 13.74B USD. Its current market price is $6.97, marking an increase of 2.35% compared to the previous close of $6.81. The 52 week high reached by this stock is $9.11 whilst the lowest price level in 52 weeks is $6.21.

Centrais Eletricas Brasileiras S.A. ADR (EBR) has a 20-day trading average at $6.59 and the current price is -23.49% off the 52-week high compared with 12.24% distance from its 52-week low. The 50-day simple moving average of the closing price is $7.01 and its 200-day simple moving average is $7.79. If we look at the stock’s price movements over the week, volatility stands at 2.57%, which decreases to 2.43% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 58.29 to suggest the stock is neutral.

The consensus objective for the share price is $11.12, suggesting that the stock has a potential upside of 37.32% over the period.



Centrais Eletricas Brasileiras S.A. ADR (EBR) stock is up 6.90% over the week and 2.35% over the past month. Its price is -19.14% year-to-date and -15.00% over the past year.

The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0.49 for whole year.

To reach the target analysts have set, the stock logically needs to grow 37.32 percent from here.

The company has a return on investment of 2.93% and return on equity of 4.28%. The price to earnings ratio (P/E ratio) amounts to 18.03 while the forward price to earnings ratio is 7.26. The beta has a value of 1.05. Price to book ratio is 0.65 and price to sales ratio is 1.85.