Empresa Distribuidora y Comercializadora Norte Sociedad Anónima (NYSE:EDN - Get Free Report) reached a new 52-week high during trading on Monday . The stock traded as high as $50.36 and last traded at $50.36, with a volume of 1154 shares changing hands. The stock had previously closed at $49.23.
Empresa Distribuidora y Comercializadora Norte Sociedad Anónima Stock Down 0.1 %
The firm has a market capitalization of $2.23 billion, a P/E ratio of 9.57 and a beta of 1.45. The firm's 50 day moving average is $33.51 and its two-hundred day moving average is $23.68. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.82 and a quick ratio of 0.69.
Institutional Investors Weigh In On Empresa Distribuidora y Comercializadora Norte Sociedad Anónima
Hedge funds have recently added to or reduced their stakes in the business. Walleye Capital LLC acquired a new position in shares of Empresa Distribuidora y Comercializadora Norte Sociedad Anónima in the third quarter valued at $237,000. Quadrature Capital Ltd acquired a new position in Empresa Distribuidora y Comercializadora Norte Sociedad Anónima in the 3rd quarter valued at about $260,000. BNP Paribas Financial Markets raised its holdings in Empresa Distribuidora y Comercializadora Norte Sociedad Anónima by 4,310.4% in the 3rd quarter. BNP Paribas Financial Markets now owns 41,105 shares of the utilities provider's stock valued at $911,000 after acquiring an additional 40,173 shares during the period. Ping Capital Management Inc. acquired a new stake in Empresa Distribuidora y Comercializadora Norte Sociedad Anónima during the second quarter worth approximately $941,000. Finally, BlueCrest Capital Management Ltd boosted its holdings in shares of Empresa Distribuidora y Comercializadora Norte Sociedad Anónima by 66.7% during the third quarter. BlueCrest Capital Management Ltd now owns 50,000 shares of the utilities provider's stock worth $1,108,000 after acquiring an additional 20,000 shares during the period. Institutional investors and hedge funds own 1.64% of the company's stock.
About Empresa Distribuidora y Comercializadora Norte Sociedad Anónima
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Empresa Distribuidora y Comercializadora Norte Sociedad Anónima is involved in the distribution and sale of electricity in Argentina. The company was incorporated in 1992 and is based in Buenos Aires, Argentina. Empresa Distribuidora y Comercializadora Norte Sociedad Anónima operates as a subsidiary of Empresa de Energía del Cono Sur SA.
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