Shares of Empresa Distribuidora y Comercializadora Norte Sociedad Anónima (NYSE:EDN - Get Free Report) dropped 6% during trading on Tuesday . The stock traded as low as $31.26 and last traded at $31.26. Approximately 30,125 shares were traded during mid-day trading, a decline of 78% from the average daily volume of 138,526 shares. The stock had previously closed at $33.27.
Empresa Distribuidora y Comercializadora Norte Sociedad Anónima Price Performance
The stock has a market capitalization of $1.51 billion, a PE ratio of 6.47 and a beta of 1.38. 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's 50 day simple moving average is $35.98 and its 200 day simple moving average is $33.76.
Institutional Trading of Empresa Distribuidora y Comercializadora Norte Sociedad Anónima
Several institutional investors have recently made changes to their positions in the stock. GAMMA Investing LLC grew its stake 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 period. BNP Paribas Financial Markets grew its stake in shares of Empresa Distribuidora y Comercializadora Norte Sociedad Anónima by 1.7% during the 4th quarter. BNP Paribas Financial Markets now owns 41,796 shares of the utilities provider's stock valued at $1,793,000 after buying an additional 691 shares during the period. Citadel Advisors LLC grew its stake in shares of Empresa Distribuidora y Comercializadora Norte Sociedad Anónima by 4.3% during the 4th quarter. Citadel Advisors LLC now owns 53,182 shares of the utilities provider's stock valued at $2,282,000 after buying an additional 2,206 shares during the period. SG Americas Securities LLC purchased a new stake in shares of Empresa Distribuidora y Comercializadora Norte Sociedad Anónima during the 4th quarter valued at $101,000. Finally, JPMorgan Chase & Co. lifted its holdings in shares of Empresa Distribuidora y Comercializadora Norte Sociedad Anónima by 3.4% during the 3rd 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. 1.64% of the stock is owned by hedge funds and other institutional investors.
About Empresa Distribuidora y Comercializadora Norte Sociedad Anónima
(
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
Which stocks are likely to thrive in today's challenging market? Enter your email address and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
