Empresa Distribuidora y Comercializadora Norte Sociedad Anónima (NYSE:EDN - Get Free Report) gapped up prior to trading on Friday . The stock had previously closed at $36.12, but opened at $37.55. Empresa Distribuidora y Comercializadora Norte Sociedad Anónima shares last traded at $37.32, with a volume of 25,420 shares changing hands.
Empresa Distribuidora y Comercializadora Norte Sociedad Anónima Stock Up 0.9 %
The company has a debt-to-equity ratio of 0.15, a current ratio of 0.82 and a quick ratio of 0.69. The business's 50 day moving average price is $40.89 and its 200 day moving average price is $28.40. The firm has a market cap of $1.65 billion, a PE ratio of 7.09 and a beta of 1.42.
Institutional Trading of Empresa Distribuidora y Comercializadora Norte Sociedad Anónima
Institutional investors have recently made changes to their positions in the company. Helikon Investments Ltd boosted its position in Empresa Distribuidora y Comercializadora Norte Sociedad Anónima by 61.3% during the third quarter. Helikon Investments Ltd now owns 809,902 shares of the utilities provider's stock worth $17,947,000 after acquiring an additional 307,642 shares during the last quarter. JPMorgan Chase & Co. grew its position 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 purchasing an additional 2,610 shares in the last quarter. BlueCrest Capital Management Ltd increased its holdings in shares of Empresa Distribuidora y Comercializadora Norte Sociedad Anónima by 66.7% in the third quarter. BlueCrest Capital Management Ltd now owns 50,000 shares of the utilities provider's stock valued at $1,108,000 after purchasing an additional 20,000 shares during the last quarter. BNP Paribas Financial Markets lifted its position in Empresa Distribuidora y Comercializadora Norte Sociedad Anónima by 4,310.4% during the third quarter. BNP Paribas Financial Markets now owns 41,105 shares of the utilities provider's stock worth $911,000 after buying an additional 40,173 shares in the last quarter. Finally, Verde Servicos Internacionais S.A. acquired a new position in Empresa Distribuidora y Comercializadora Norte Sociedad Anónima during the fourth quarter worth $920,000. 1.64% of the stock is owned by institutional investors and hedge funds.
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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