Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Empresa Distribuidora y Cmrz Nrt SA(ADR) before investing.

In this article, we go over a few key elements for understanding Empresa Distribuidora y Cmrz Nrt SA(ADR)’s stock price such as:

• Empresa Distribuidora y Cmrz Nrt SA(ADR)’s current stock price and volume
• Why Empresa Distribuidora y Cmrz Nrt SA(ADR)’s stock price changed recently
• Upgrades and downgrades for EDN from analysts
• EDN’s stock price momentum as measured by its relative strength

About Empresa Distribuidora y Cmrz Nrt SA(ADR) (EDN)

Before we jump into Empresa Distribuidora y Cmrz Nrt SA(ADR)’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

Empresa Distribuidora y Comercializadora Norte S.A. is a public service company. The Company is engaged in electricity distribution in Argentina. It holds a concession to distribute electricity to the northwestern part of the greater Buenos Aires metropolitan area and in the northern part of the City of Buenos Aires. The Company's concession area of approximately 4,637 square kilometers is divided into three operating territories: Region I, which consists of over 251 square kilometers; Region II, which consists of approximately 1,761 square kilometers, and Region III, which consists of over 2,625 square kilometers. Region I includes Ciudad de Buenos Aires, San Isidro, Vicente Lopez, San Martin and Tres de Febrero districts. Region II includes La Matanza, Moron, Hurlingham, Ituzaingo, Merlo, Marcos Paz and Gral. Las Heras districts. Region III includes Pilar, Escobar, Tigre, San Fernando, San Miguel, Malvinas Argentinas, Jose C. Paz, Moreno and Gral. Rodriguez districts.

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Empresa Distribuidora y Cmrz Nrt SA(ADR)’s Stock Price as of Market Close

As of February 05, 2024, 4:00 PM, CST, Empresa Distribuidora y Cmrz Nrt SA(ADR)’s stock price was $18.61.

Empresa Distribuidora y Cmrz Nrt SA(ADR) is down 4.61% from its previous closing price of $19.51.

During the last market session, Empresa Distribuidora y Cmrz Nrt SA(ADR)’s stock traded between $19.34 and $19.90. Currently, there are 43.75 million shares of Empresa Distribuidora y Cmrz Nrt SA(ADR) stock available for purchase.

Empresa Distribuidora y Cmrz Nrt SA(ADR)’s price-earnings (P/E) ratio is currently at 13.2, which is low compared to the Utilities - Electric industry median of 16.5. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Empresa Distribuidora y Cmrz Nrt SA(ADR) Stock Price History

Empresa Distribuidora y Cmrz Nrt SA(ADR)’s (EDN) price is currently down 5.34% so far this month.

During the month of February, Empresa Distribuidora y Cmrz Nrt SA(ADR)’s stock price has reached a high of $20.16 and a low of $18.48.

Over the last year, Empresa Distribuidora y Cmrz Nrt SA(ADR) has hit prices as high as $21.80 and as low as $6.52. Year to date, Empresa Distribuidora y Cmrz Nrt SA(ADR)’s stock is up 132.92%.

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What Caused Empresa Distribuidora y Cmrz Nrt SA(ADR) Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of February 02, 2024, there were analysts who downgraded Empresa Distribuidora y Cmrz Nrt SA(ADR)’s stock and analysts who upgraded over the last month.

Additionally, you'll want to evaluate Empresa Distribuidora y Cmrz Nrt SA(ADR)’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Empresa Distribuidora y Cmrz Nrt SA(ADR)’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Empresa Distribuidora y Cmrz Nrt SA(ADR)’s current valuation based on AAII’s Value Grade is a C, which means it is considered to be Average.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Empresa Distribuidora y Cmrz Nrt SA(ADR) (EDN) by visiting AAII Stock Evaluator.

Relative Price Strength of Empresa Distribuidora y Cmrz Nrt SA(ADR)

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of February 02, 2024, Empresa Distribuidora y Cmrz Nrt SA(ADR) has a weighted four-quarter relative price strength of 28.02%, which translates to a Momentum Score of 95 and is considered to be Very Strong.

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Empresa Distribuidora y Cmrz Nrt SA(ADR) Stock Price: Bottom Line

As of February 5, 2024, Empresa Distribuidora y Cmrz Nrt SA(ADR)’s stock price is $18.61, which is down 4.61% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Empresa Distribuidora y Cmrz Nrt SA(ADR) stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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