Empresa Distribuidora y Comercializadora Norte Sociedad Anónima (NYSE:EDN - Get Free Report) gapped down before the market opened on Tuesday . The stock had previously closed at $39.76, but opened at $37.90. Empresa Distribuidora y Comercializadora Norte Sociedad Anónima shares last traded at $39.79, with a volume of 30,051 shares trading hands.
Empresa Distribuidora y Comercializadora Norte Sociedad Anónima Price Performance
The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.69 and a current ratio of 0.82. The firm has a market cap of $1.65 billion, a price-to-earnings ratio of 7.09 and a beta of 1.39. The company's fifty day moving average is $39.82 and its two-hundred day moving average is $31.51.
Institutional Investors Weigh In On Empresa Distribuidora y Comercializadora Norte Sociedad Anónima
A number of institutional investors have recently modified their holdings of the stock. GAMMA Investing LLC grew its position in shares of Empresa Distribuidora y Comercializadora Norte Sociedad Anónima by 73.7% during the 4th quarter. GAMMA Investing LLC now owns 1,596 shares of the utilities provider's stock valued at $68,000 after buying an additional 677 shares during the last quarter. BNP Paribas Financial Markets grew its position in Empresa Distribuidora y Comercializadora Norte Sociedad Anónima by 1.7% in the 4th quarter. BNP Paribas Financial Markets now owns 41,796 shares of the utilities provider's stock worth $1,793,000 after purchasing an additional 691 shares during the last quarter. Citadel Advisors LLC grew its position in Empresa Distribuidora y Comercializadora Norte Sociedad Anónima by 4.3% in the 4th quarter. Citadel Advisors LLC now owns 53,182 shares of the utilities provider's stock worth $2,282,000 after purchasing an additional 2,206 shares during the last quarter. SG Americas Securities LLC bought a new position in shares of Empresa Distribuidora y Comercializadora Norte Sociedad Anónima in the fourth quarter valued at approximately $101,000. Finally, JPMorgan Chase & Co. boosted its holdings in shares of Empresa Distribuidora y Comercializadora Norte Sociedad Anónima by 3.4% in the third quarter. JPMorgan Chase & Co. now owns 79,299 shares of the utilities provider's stock valued at $1,757,000 after acquiring an additional 2,610 shares in the last quarter. Institutional investors and hedge funds own 1.64% of the company's stock.
Empresa Distribuidora y Comercializadora Norte Sociedad Anónima Company Profile
(
Get Free Report)
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.
Read More
Before you consider Empresa Distribuidora y Comercializadora Norte Sociedad Anónima, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Empresa Distribuidora y Comercializadora Norte Sociedad Anónima wasn't on the list.
While Empresa Distribuidora y Comercializadora Norte Sociedad Anónima currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
