Ecopetrol SA ADR (NYSE:EC) currently has a daily average trading volume of 2.07M but it saw 2179421 shares traded in last market. With a market cap of 19.02B USD, the company’s current market price of $9.25 came falling about -2.22 while comparing to the previous closing price of $9.46. In past 52 weeks, the stock remained buoying in the range of price level as high as $12.78 and as low as $9.35. In the recent trading on the day, stock has struck highest price mark of $9.22 while lowest mark touched by it was $9.5288.
Taking a look at 20-day trading activity of Ecopetrol SA ADR (EC) gives us an average price of $10.16, while its current price level is -27.65% below from 52-week high level whereas it is -1.02% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $10.57 while that of 200 days or SMA-200 reads an average of $11.56. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.56% during that period while stretching the period over a month that decreases to 2.18%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 28.26 which implies that the stock is in oversold territory.
Morgan Stanley downgraded its recommendation for the stock as a “Underweight” from “Equal-Weight” on March 04, 2024 while assigning a price target range of $11-$8.50. Jefferies issued its recommendations for the stock as it initiated the price target for the stock is $11.20.
Over the week, EC’s stock price is moving -9.67% down while it is -4.84% when we observe its performance for the past one month. Year-to-date it is -21.35% down and over the past year, the stock is showing a downside performance of -18.24%.
Currently, Ecopetrol SA ADR’s total number of outstanding shares is 2.06B. Company’s return on investment (ROI) stands at 10.02% and return on equity (ROE) at 23.39%. It has a price to earnings ratio (P/E ratio) of 4.55 while having a 4.79 of forward P/E ratio. Stock’s beta reads 1.22. Stock has a price to book (P/B) ratio of 1.07 while price to sale or P/S ratio amounts to 0.58. Its return on asset (ROA) is 6.00% on average.
