A stock’s 52-week high and low prices can offer a wealth of information about its current standing and prospective future performance. Ecopetrol SA ADR’s current trading price is -16.33% away from its 52-week high, while its distance from the 52-week low is 47.71%. The stock’s price range for this time frame has been between $7.21 and $12.73. The trading volume of the company’s shares in the Energy reached around 0.98 million for the day, which was evidently lower than the average daily volume of 2.45 million over the last three months.
The stock market performance of Ecopetrol SA ADR has been fairly unsteady. Over the last year, the company’s stock hit its highest at $12.73 on 04/03/24, while the lowest price during the same time frame was $7.21, recorded on 11/13/24.
How Financial Performance Impacts Market Capitalization
Ecopetrol SA ADR (EC) has experienced a quarterly rise of 30.51% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 21.89B.
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 8.47, with a change in price of +1.94. Similarly, Ecopetrol SA ADR recorded 2,557,271 in trading volume during the last 100 days, posting a change of +22.15%.
How EC’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 EC stands at 1.49. Similarly, the long-term debt-to-equity ratio is also 1.34.
EC Stock Stochastic Average
Ecopetrol SA ADR’s raw stochastic average for the past 50 days is currently at 90.51%. This represents a surge from the raw stochastic average of the last 20 days, which was recorded at 88.08%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 93.26% and 95.70%, respectively.
EC Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. Until today this year the stock’s price performance recorded an increase of 34.47%. However, over the last six months, the performance has been weaker by 4.72%. The price of EC increased 28.78% over the last 30 days. And in the last five days, it has surged by 4.21%.