Centrais Eletricas Brasileiras S.A. ADR (NYSE:EBR) saw an upside of 0.14% to close Friday at $7.08 after adding $0.01 on the day. The 5-day average trading volume is 715,180 shares of the company’s common stock. It has gained $7.44 in the past week and touched a new high 3 times within the past 5 days. An average of 658,955 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 853,780.
EBR’s 1-month performance is -5.09% or $0.19 on its low of $6.71 reached on 09/08/23. The company’s shares have touched a 52-week low of $5.67 and high of $10.39, with the stock’s rally to the 52-week high happening on 01/12/23. YTD, EBR has lost -10.72% or -$0.85 and has reached a new high 6 times. However, the current price is down -31.82% from the 52-week high price.
Valuation Metrics
EBR stock has a beta of 0.79. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 2.03 while the price-to-book (PB) in the most recent quarter is 0.76, with the price to cash flow ratio at 11.29.
Centrais Eletricas Brasileiras S.A. ADR’s quick ratio for the recent period was 1.45, with the current ratio over the same period at 1.47. In terms of profitability, the gross margin trailing 12 months is 49.13%. The firm’s gross profit as reported stood at $1.0 billion against revenue of $6.6 billion.
Earnings Surprise
Net income and sales went up compared to those figures reported in the previous quarter. Net income shrunk -55.31% to $690.72 million, while revenue of $0.0 was 100.0% off the previous quarter. EBITDA for the quarter stood at more than $1.2 billion. EBR stock balance sheet for the recent quarter shows that total liabilities totaled 30.7 billion, with total debt at $58.71 billion.
Let’s look briefly at Centrais Eletricas Brasileiras S.A. ADR (EBR) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 22 September was 43.37% to suggest the stock is trending Neutral, with historical volatility in this time period at 35.99%.
The stock’s 5-day moving average is $7.23, reflecting a -3.41% or -$0.25 change from its current price. EBR is currently trading -6.23% above its 20-day SMA, +5.20% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -12.38% and SMA200 by-12.59%.
Stochastic %K and %D was 55.43% and 63.70% and the average true range (ATR) pointed at 0.21. The RSI (14) points at 44.73%, while the 14-day stochastic is at 43.02% with the period’s ATR at 0.21. The stock’s 9-day MACD Oscillator is pointing at -0.10 and 0.03 on the 14-day charts.
Analyst Ratings
Analysts offering their rating for EBR stock have a consensus rating for the stock as Buy. Currently, 0 brokerage advisors rate EBR as a “sell,”, while 0 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 10 have offered a “buy” rating.
What is EBR’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $6.81 and a high of $14.55, with their median price target at $11.92. Looking at these predictions, the average price target given by analysts is for Centrais Eletricas Brasileiras S.A. ADR (EBR) stock is $11.56.
