Empresa Distribuidora y Comercializadora Norte Sociedad Anónima (NYSE:EDN – Get Rating)'s share price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $6.88 and traded as high as $9.31. Empresa Distribuidora y Comercializadora Norte Sociedad Anónima shares last traded at $8.99, with a volume of 82,485 shares.
Wall Street Analysts Forecast Growth
Separately, StockNews.com started coverage on shares of Empresa Distribuidora y Comercializadora Norte Sociedad Anónima in a report on Thursday, December 29th. They issued a "hold" rating for the company.
Get Empresa Distribuidora y Comercializadora Norte Sociedad Anónima alerts:Empresa Distribuidora y Comercializadora Norte Sociedad Anónima Trading Up 1.9 %
The stock has a market cap of $393.31 million, a PE ratio of -1.90 and a beta of 0.88. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.39 and a current ratio of 0.42. The stock has a fifty day moving average price of $7.92 and a 200 day moving average price of $6.88.
Empresa Distribuidora y Comercializadora Norte Sociedad Anónima (NYSE:EDN – Get Rating) last posted its quarterly earnings data on Wednesday, November 9th. The utilities provider reported ($1.03) EPS for the quarter. Empresa Distribuidora y Comercializadora Norte Sociedad Anónima had a negative return on equity of 26.75% and a negative net margin of 16.23%. The firm had revenue of $351.30 million for the quarter. Equities analysts expect that Empresa Distribuidora y Comercializadora Norte Sociedad Anónima will post -4.05 EPS for the current year.Institutional Trading of Empresa Distribuidora y Comercializadora Norte Sociedad Anónima
An institutional investor recently bought a new position in Empresa Distribuidora y Comercializadora Norte Sociedad Anónima stock. UBS Group AG purchased a new position in Empresa Distribuidora y Comercializadora Norte Sociedad Anónima (NYSE:EDN – Get Rating) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 6,058 shares of the utilities provider's stock, valued at approximately $26,000.
Empresa Distribuidora y Comercializadora Norte Sociedad Anónima Company Profile
(Get Rating)
Edenor SA engages in the provision of electric power distribution services. It holds a concession to distribute electricity to the northwestern part of the greater Buenos Aires metropolitan area and in the northern part of Buenos Aires. The company was founded on July 21, 1992 and is headquartered in Buenos Aires, Argentina.
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