Enel Chile S.A. ADR (NYSE:ENIC) does about 488.51K shares in volume on a normal day but saw 818385 shares change hands in the recent trading day. The company now has a market cap of 3.62B USD. Its current market price is $2.62, marking a decrease of -1.87% compared to the previous close of $2.67. The 52 week high reached by this stock is $3.53 whilst the lowest price level in 52 weeks is $2.51.
Enel Chile S.A. ADR (ENIC) has a 20-day trading average at $2.69 and the current price is -25.78% off the 52-week high compared with 4.38% distance from its 52-week low. The 50-day simple moving average of the closing price is $2.72 and its 200-day simple moving average is $2.89. If we look at the stock’s price movements over the week, volatility stands at 2.86%, which decreases to 2.48% 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 43.33 to suggest the stock is neutral.
The consensus objective for the share price is $3.96, suggesting that the stock has a potential upside of 33.84% over the period.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on September 29, 2021 when Goldman initiated the stock to “Buy” and issued a price target of $3.74.
The current price level is -2.48%, -3.58%, and -9.28% away from its SMA20, SMA50, and SMA200 respectively, with the ENIC price moving above the 50-day SMA on current market day. Enel Chile S.A. ADR (ENIC) stock is down -5.42% over the week and 0.38% over the past month. Its price is -19.14% year-to-date and -7.42% over the past year.
The stock last released its quarterly earnings report for quarter ended 6/30/2024, with the company’s earnings per share (EPS) of 101.5 above consensus estimates by 85.41. The company’s next earnings report forecasts estimating quarterly EPS at 72.07 and 324.31 for whole year.
To reach the target analysts have set, the stock logically needs to grow 33.84 percent from here.
The company has a return on investment of 9.13% and return on equity of 16.94%. The price to earnings ratio (P/E ratio) amounts to 4.24 while the forward price to earnings ratio is 7.21. The beta has a value of 1.16. Price to book ratio is 0.74 and price to sales ratio is 0.73.
