Empresa Distribuidora y Comercializadora Norte Sociedad Anónima (NYSE:EDN - Get Free Report) was up 5.4% on Thursday . The company traded as high as $45.15 and last traded at $45.15. Approximately 37,977 shares were traded during trading, a decline of 63% from the average daily volume of 103,871 shares. The stock had previously closed at $42.85.
Empresa Distribuidora y Comercializadora Norte Sociedad Anónima Stock Down 0.9 %
The company has a market cap of $1.93 billion, a P/E ratio of 8.26 and a beta of 1.45. The stock has a 50-day moving average of $34.41 and a two-hundred day moving average of $24.01. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.69 and a current ratio of 0.82.
Institutional Investors Weigh In On Empresa Distribuidora y Comercializadora Norte Sociedad Anónima
A number of hedge funds have recently made changes to their positions in the business. Walleye Capital LLC bought a new position in shares of Empresa Distribuidora y Comercializadora Norte Sociedad Anónima during the 3rd quarter valued at $237,000. Quadrature Capital Ltd bought a new position in shares of Empresa Distribuidora y Comercializadora Norte Sociedad Anónima during the third quarter valued at about $260,000. 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 worth $1,108,000 after buying an additional 20,000 shares during the period. BNP Paribas Financial Markets lifted its stake in shares of 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 acquiring an additional 40,173 shares during the last quarter. Finally, Ping Capital Management Inc. bought a new stake in shares of Empresa Distribuidora y Comercializadora Norte Sociedad Anónima in the 2nd quarter valued at about $941,000. 1.64% of the stock is currently owned by institutional investors.
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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