Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Centrais Eletricas Brasileiras S.A. ADR’s current trading price is -16.03% away from its 52-week high, while its distance from the 52-week low is 18.60%. The stock’s price range during this period has varied between $6.45 and $9.11. The company, active in the Utilities sector, saw a trading volume of around 2.4 million for the day, considerably higher average daily volume of 0.85 million observed over the last three months.
In terms of market performance, Centrais Eletricas Brasileiras S.A. ADR had a somewhat regular. The highest value for the stock in the past year was $9.11 on 02/20/24, while the lowest value was $6.45 on 10/06/23.
How Financial Performance Impacts Market Capitalization
Centrais Eletricas Brasileiras S.A. ADR (EBR) has experienced a quarterly decline of -12.27% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 15.08B and boasts a workforce of 8328 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 8.48, with a change in price of -0.49. Similarly, Centrais Eletricas Brasileiras S.A. ADR recorded 868,623 in trading volume during the last 100 days, posting a change of -6.02%.
How EBR’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for EBR stands at 0.60. Similarly, the long-term debt-to-equity ratio is also 0.47.
EBR Stock Stochastic Average
As of today, the raw stochastic average of Centrais Eletricas Brasileiras S.A. ADR over the last 50 days is at 1.35%. This shows a declinee from the raw stochastic average of the previous 20 days, which was recorded at 1.55%. Further, the company’s Stochastic %K and %D values for the last 20 days were 18.01% and 25.03%, respectively.
EBR Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. Until today this year the stock’s price performance recorded a decrease of -11.25%. However, over the last six months, the performance has been weaker by 6.84%. The price of EBR decreased -12.77% over the last 30 days. And in the last five days, it has fallen by -6.36%.
