Shares of Empresa Distribuidora y Comercializadora Norte Sociedad Anónima (NYSE:EDN - Get Free Report) saw unusually-strong trading volume on Friday . Approximately 104,270 shares changed hands during trading, an increase of 8% from the previous session's volume of 96,574 shares.The stock last traded at $46.50 and had previously closed at $45.00.
Empresa Distribuidora y Comercializadora Norte Sociedad Anónima Price Performance
The company has a current ratio of 0.82, a quick ratio of 0.69 and a debt-to-equity ratio of 0.15. The company has a market capitalization of $2.11 billion, a PE ratio of 9.05 and a beta of 1.45. The stock's 50-day moving average is $30.48 and its two-hundred day moving average is $22.36.
Hedge Funds Weigh In On Empresa Distribuidora y Comercializadora Norte Sociedad Anónima
Large investors have recently bought and sold shares of the business. Walleye Capital LLC bought a new stake in shares of Empresa Distribuidora y Comercializadora Norte Sociedad Anónima during the third quarter worth $237,000. Quadrature Capital Ltd purchased a new position in Empresa Distribuidora y Comercializadora Norte Sociedad Anónima in the 3rd quarter worth about $260,000. BlueCrest Capital Management Ltd lifted its holdings in Empresa Distribuidora y Comercializadora Norte Sociedad Anónima by 66.7% during the 3rd quarter. BlueCrest Capital Management Ltd now owns 50,000 shares of the utilities provider's stock valued at $1,108,000 after buying an additional 20,000 shares in the last quarter. BNP Paribas Financial Markets boosted its position 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 buying an additional 40,173 shares during the period. Finally, Ping Capital Management Inc. bought a new position in Empresa Distribuidora y Comercializadora Norte Sociedad Anónima in the 2nd quarter worth about $941,000. Hedge funds and other institutional investors own 1.64% of the company's stock.
Empresa Distribuidora y Comercializadora Norte Sociedad Anónima Company Profile
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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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