Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Brazilian Electric Power Co - ADR before investing.

In this article, we go over a few key elements for understanding Brazilian Electric Power Co - ADR’s stock price such as:

Brazilian Electric Power Co - ADR’s current stock price and volume
Why Brazilian Electric Power Co - ADR’s stock price changed recently
Upgrades and downgrades for EBR from analysts
EBR’s stock price momentum as measured by its relative strength

About Brazilian Electric Power Co - ADR (EBR)

Before we jump into Brazilian Electric Power Co - ADR’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

Brazilian Electric Power Co is a Brazil-based energy company. It generates and transmits the electric power across Brazil through regional subsidiaries and numerous Special Purpose Entities (SPE). Most of the Company’s installed capacity derives from low-carbon energy sources: hydro, wind, solar and nuclear. The Company’s activities can be divided into four operation areas: Energy Generation, Energy Transmission, Energy Efficiency and Governmental Programs. Brazilian Electric Power Co manages three programs of the Brazilian government in the electrical energy sector: the National Electrical Energy Conservation Program, the National Program for Universalization of Access and Use of Electrical Energy and the More Light for the Amazon Program. The Company has several subsidiaries, including Companhia de Geracao e Transmissao de Energia Eletrica do Sul do Brasil Eletrobras CGT Eletrosul, Companhia Hidro Eletrica do Sao Francisco and Centrais Eletricas do Norte do Brasil SA Eletronorte.

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Brazilian Electric Power Co - ADR’s Stock Price as of Market Close

As of May 22, 2024, 4:00 PM, CST, Brazilian Electric Power Co - ADR’s stock price was $7.05.

Brazilian Electric Power Co - ADR is down 4.08% from its previous closing price of $7.35.

During the last market session, Brazilian Electric Power Co - ADR’s stock traded between $7.17 and $7.37. Currently, there are 2,307.10 million shares of Brazilian Electric Power Co - ADR stock available for purchase.

Brazilian Electric Power Co - ADR’s price-earnings (P/E) ratio is currently at 19.5, which is high compared to the Utilities - Electric industry median of 17.7. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Brazilian Electric Power Co - ADR Stock Price History

Brazilian Electric Power Co - ADR’s (EBR) price is currently down 4.21% so far this month.

During the month of May, Brazilian Electric Power Co - ADR’s stock price has reached a high of $7.93 and a low of $7.01.

Over the last year, Brazilian Electric Power Co - ADR has hit prices as high as $9.11 and as low as $6.45. Year to date, Brazilian Electric Power Co - ADR’s stock is down 11.1%.

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What Caused Brazilian Electric Power Co - 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 May 21, 2024, there were analysts who downgraded Brazilian Electric Power Co - ADR’s stock and analysts who upgraded over the last month.

Additionally, you'll want to evaluate Brazilian Electric Power Co - 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 Brazilian Electric Power Co - ADR’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Brazilian Electric Power Co - 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 Brazilian Electric Power Co - ADR (EBR) by visiting AAII Stock Evaluator.

Relative Price Strength of Brazilian Electric Power Co - 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 May 21, 2024, Brazilian Electric Power Co - ADR has a weighted four-quarter relative price strength of -7.45%, which translates to a Momentum Score of 37 and is considered to be Weak.

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Brazilian Electric Power Co - ADR Stock Price: Bottom Line

As of May 22, 2024, Brazilian Electric Power Co - ADR’s stock price is $7.05, which is down 4.08% 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 Brazilian Electric Power Co - ADR stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.