Centrais Eletricas Brasileiras S.A. ADR (NYSE: EBR) – Time For Strategy Change?

Centrais Eletricas Brasileiras S.A. ADR (NYSE:EBR) currently has a daily average trading volume of 1.59M but it saw 1195199 shares traded in last market. With a market cap of 12.25B USD, the company’s current market price of $6.23 came rising about 2.81 while comparing to the previous closing price of $6.06. 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 $6.09 while lowest mark touched by it was $6.26.

Taking a look at 20-day trading activity of Centrais Eletricas Brasileiras S.A. ADR (EBR) gives us an average price of $5.82, while its current price level is -31.61% below from 52-week high level whereas it is 14.26% 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 $5.88 while that of 200 days or SMA-200 reads an average of $6.75. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.17% during that period while stretching the period over a month that increases to 2.64%. 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 63.37 which implies that the stock is in neutral territory.

Over the week, EBR’s stock price is moving 5.24% up while it is 8.73% when we observe its performance for the past one month. Year-to-date it is 8.92% up and over the past year, the stock is showing a downside performance of -24.94%.

Currently, Centrais Eletricas Brasileiras S.A. ADR’s total number of outstanding shares is 1.97B with 0.00% of that held by the insiders while 1.29% of its common stock has been owned by the institutions. 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 7.58 while having a 8.29 of forward P/E ratio. Stock’s beta reads 1.04. Stock has a price to book (P/B) ratio of 0.67 while price to sale or P/S ratio amounts to 1.66. Its return on asset (ROA) is 3.52% on average.