Centrais Eletricas Brasileiras S.A. ADR (NYSE:EBR) does about 1.31M shares in volume on a normal day but saw 904190 shares change hands in the recent trading day. The company now has a market cap of 14.57B USD. Its current market price is $7.40, marking an increase of 1.37% compared to the previous close of $7.30. The 52 week high reached by this stock is $7.83 whilst the lowest price level in 52 weeks is $5.45.
The consensus objective for the share price is $9.51, suggesting that the stock has a potential upside of 22.19% over the period.
FactSet Research has provided data showing that 4 brokerages have issued ratings for the stock. 0 analysts have rated it as a sell, while 0 advise that it is a overweight. 3 analysts have rated it as a buy and 1 have advised that investors hold their positions. The consensus recommendation rating is Buy and Wall Street’s advice is for investors to Strong Buy the stock.
The current price level is -0.66%, 0.56%, and 9.38% away from its SMA20, SMA50, and SMA200 respectively, with the EBR price moving above the 50-day SMA on current market day. Centrais Eletricas Brasileiras S.A. ADR (EBR) stock is down -0.94% over the week and -3.77% over the past month. Its price is 29.37% year-to-date and 7.71% over the past year.
To reach the target analysts have set, the stock logically needs to grow 22.19 percent from here.
Outstanding shares total 1.97B with insiders holding 0.00% of the shares and institutional holders owning 1.48% of the company’s common stock. The company has a return on investment of 5.71% and return on equity of 8.58%. The price to earnings ratio (P/E ratio) amounts to 9.70 while the forward price to earnings ratio is 8.22. The beta has a value of 0.65. Price to book ratio is 0.83 and price to sales ratio is 1.96.
