Are Analysts Too Bullish On Centrais Eletricas Brasileiras S.A. ADR (EBR)

Centrais Eletricas Brasileiras S.A. ADR (NYSE:EBR) currently has a daily average trading volume of 1.40M but it saw 3874901 shares traded in last market. With a market cap of 11.21B USD, the company’s current market price of $5.70 came rising about 0.53 while comparing to the previous closing price of $5.67. In past 52 weeks, the stock remained buoying in the range of price level as high as $9.11 and as low as $5.45. In the recent trading on the day, stock has struck highest price mark of $5.54 while lowest mark touched by it was $5.7.

Taking a look at 20-day trading activity of Centrais Eletricas Brasileiras S.A. ADR (EBR) gives us an average price of $5.76, while its current price level is -37.43% below from 52-week high level whereas it is 4.54% 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 $6.03 while that of 200 days or SMA-200 reads an average of $6.91. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.56% during that period while stretching the period over a month that decreases to 3.16%. 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 44.99 which implies that the stock is in neutral territory.

Over the week, EBR’s stock price is moving -0.35% down while it is -5.47% when we observe its performance for the past one month. Year-to-date it is -0.35% down and over the past year, the stock is showing a downside performance of -32.54%.

Currently, Centrais Eletricas Brasileiras S.A. ADR’s total number of outstanding shares is 1.97B. Company’s return on investment (ROI) stands at 5.97% and return on equity (ROE) at 8.91%. It has a price to earnings ratio (P/E ratio) of 6.94 while having a 7.90 of forward P/E ratio. Stock’s beta reads 1.03. Stock has a price to book (P/B) ratio of 0.61 while price to sale or P/S ratio amounts to 1.52. Its return on asset (ROA) is 3.52% on average.