Centrais Eletricas Brasileiras S.A. [NYSE: EBR] gained 0.25% or 0.02 points to close at $7.87 with a heavy trading volume of 3244026 shares.
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It opened the trading session at $7.73, the shares rose to $7.925 and dropped to $7.525, the range by which the price of stock traded the whole day. The daily chart for EBR points out that the company has recorded -7.08% loss over the past six months. However, it is still -52.52% lower than its most recent low trading price.
If we look at the average trading volume of 2.61M shares, EBR reached to a volume of 3244026 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Centrais Eletricas Brasileiras S.A. [EBR]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for EBR shares is $11.70 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on EBR stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
The Average True Range (ATR) for Centrais Eletricas Brasileiras S.A. is set at 0.38, with the Price to Sales ratio for EBR stock in the period of the last 12 months amounting to 0.48. The Price to Book ratio for the last quarter was 0.16.
Trading performance analysis for EBR stock
Centrais Eletricas Brasileiras S.A. [EBR] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -6.53. With this latest performance, EBR shares dropped by -6.86% in over the last four-week period, additionally sinking by -7.08% over the last 6 months – not to mention a rise of 29.65% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for EBR stock in for the last two-week period is set at 38.88, with the RSI for the last a single of trading hit 34.67, and the three-weeks RSI is set at 41.58 for Centrais Eletricas Brasileiras S.A. [EBR]. The present Moving Average for the last 50 days of trading for this stock 8.70, while it was recorded at 7.97 for the last single week of trading, and 8.48 for the last 200 days.
Centrais Eletricas Brasileiras S.A. [EBR]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Centrais Eletricas Brasileiras S.A. [EBR] shares currently have an operating margin of +12.29 and a Gross Margin at +67.74. Centrais Eletricas Brasileiras S.A.’s Net Margin is presently recorded at +15.01.
Return on Equity for this stock inclined to 8.34, with Return on Assets sitting at 3.07.
Centrais Eletricas Brasileiras S.A. [EBR]: An earnings per share (EPS) analysis
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for EBR. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Centrais Eletricas Brasileiras S.A. go to 3.10%.
An analysis of insider ownership at Centrais Eletricas Brasileiras S.A. [EBR]
Positions in Centrais Eletricas Brasileiras S.A. stocks held by institutional investors increased at the end of November and at the time of the November reporting period, where 62 institutional holders increased their position in Centrais Eletricas Brasileiras S.A. [NYSE:EBR] by around 7,310,127 shares. Additionally, 41 investors decreased positions by around 2,317,474 shares, while 18 investors held positions by with 27,893,374 shares. The mentioned changes placed institutional holdings at 37,520,975 shares, according to the latest SEC report filing. EBR stock had 22 new institutional investments in for a total of 1,456,751 shares, while 24 institutional investors sold positions of 1,594,953 shares during the same period.