Empresa Distribuidora y Comercializadora Norte Sociedad Anónima (NYSE:EDN - Get Free Report) shares passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $34.70 and traded as high as $34.99. Empresa Distribuidora y Comercializadora Norte Sociedad Anónima shares last traded at $33.85, with a volume of 58,982 shares.
Empresa Distribuidora y Comercializadora Norte Sociedad Anónima Stock Up 2.5 %
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 stock's 50 day moving average price is $32.55 and its 200-day moving average price is $35.00. The company has a market cap of $1.53 billion, a PE ratio of 6.55 and a beta of 1.28.
Institutional Trading of Empresa Distribuidora y Comercializadora Norte Sociedad Anónima
Several institutional investors have recently added to or reduced their stakes in the business. SG Americas Securities LLC purchased a new stake in Empresa Distribuidora y Comercializadora Norte Sociedad Anónima during the 4th quarter valued at about $101,000. Verde Servicos Internacionais S.A. bought a new stake in Empresa Distribuidora y Comercializadora Norte Sociedad Anónima in the fourth quarter valued at approximately $920,000. GAMMA Investing LLC boosted its stake in shares of Empresa Distribuidora y Comercializadora Norte Sociedad Anónima by 73.7% during the fourth quarter. GAMMA Investing LLC now owns 1,596 shares of the utilities provider's stock valued at $68,000 after purchasing an additional 677 shares during the period. JPMorgan Chase & Co. grew 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 worth $1,757,000 after purchasing an additional 2,610 shares during the last quarter. Finally, ABS Direct Equity Fund LLC purchased a new position in shares of Empresa Distribuidora y Comercializadora Norte Sociedad Anónima in the fourth quarter worth $731,000. 1.64% of the stock is currently owned by hedge funds and other institutional investors.
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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