Centrais Eletricas Brasileiras S.A. ADR [NYSE: EBR] gained 0.53% or 0.03 points to close at $5.70 with a heavy trading volume of 3874901 shares.
The daily chart for EBR points out that the company has recorded -19.72% loss over the past six months.
If we look at the average trading volume of 1.40M shares, EBR reached to a volume of 3874901 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. ADR [EBR]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for EBR shares is $9.28 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. ADR is set at 0.19, with the Price to Sales ratio for EBR stock in the period of the last 12 months amounting to 1.52. The Price to Book ratio for the last quarter was 0.61, with the Price to Cash per share for the same quarter was set at 2.72. Price to Free Cash Flow for EBR in the course of the last twelve months was 11.48 with Quick ratio for the last quarter at 2.04.
Trading performance analysis for EBR stock
Centrais Eletricas Brasileiras S.A. ADR [EBR] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.35. With this latest performance, EBR shares dropped by -5.47% in over the last four-week period, additionally sinking by -19.72% over the last 6 months – not to mention a drop of -32.54% 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 44.99, with the RSI for the last a single of trading hit 47.30, and the three-weeks RSI is set at 43.59 for Centrais Eletricas Brasileiras S.A. ADR [EBR]. The present Moving Average for the last 50 days of trading for this stock 6.03, while it was recorded at 5.66 for the last single week of trading, and 6.91 for the last 200 days.
Centrais Eletricas Brasileiras S.A. ADR [EBR]: A deeper dive into fundamental analysis
Centrais Eletricas Brasileiras S.A. ADR’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.04 and a Current Ratio set at 2.06.
Centrais Eletricas Brasileiras S.A. ADR [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. ADR go to -12.78%.
An analysis of Institutional ownership at Centrais Eletricas Brasileiras S.A. ADR [EBR]
The top three institutional holders of EBR stocks are: STATE STREET CORP with ownership of 3.53 million shares, which is approximately 0.1529%. UBS GROUP AG, holding 2.87 million shares of the stock with an approximate value of $$18.47 million in EBR stocks shares; and UBS GROUP AG, currently with $$16.17 million in EBR stock with ownership which is approximately 0.109%.
