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

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

• Ecopetrol SA (ADR)’s current stock price and volume
• Why Ecopetrol SA (ADR)’s stock price changed recently
• Upgrades and downgrades for EC from analysts
• EC’s stock price momentum as measured by its relative strength

About Ecopetrol SA (ADR) (EC)

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

Ecopetrol S.A. is an oil company. The Company operates in Colombia, Peru, Brazil and the United States Gulf Coast. The Company's segments include Exploration and Production, Transportation and Logistics, and Refining, Petrochemicals and Biofuels. The Company's Exploration and Production segment includes exploration, development and production activities in Colombia and abroad. The Company's Transportation and Logistics segment includes the transportation of crude oil, motor fuels, fuel oil and other refined products, including diesel and biofuels. The Company's main crude oil pipeline systems' operating capacity is approximately 1.34 million barrels per day (BPD). The Company's main refineries are the Barrancabermeja refinery, which it directly owns and operates, and a refinery in the Free Trade Zone in Cartagena that is operated by Reficar S.A., a subsidiary of the Company. The Company also owns and operates two other minor refineries: Orito and Apiay.

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Ecopetrol SA (ADR)’s Stock Price as of Market Close

As of September 25, 2024, 4:00 PM, CST, Ecopetrol SA (ADR)’s stock price was $8.75.

Ecopetrol SA (ADR) is down 6.12% from its previous closing price of $9.32.

During the last market session, Ecopetrol SA (ADR)’s stock traded between $9.29 and $9.44. Currently, there are 2,055.83 million shares of Ecopetrol SA (ADR) stock available for purchase.

Ecopetrol SA (ADR)’s price-earnings (P/E) ratio is currently at 4.8, which is low compared to the Oil & Gas - Exploration and Production industry median of 11.2. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Ecopetrol SA (ADR) Stock Price History

Ecopetrol SA (ADR)’s (EC) price is currently down 11.08% so far this month.

During the month of September, Ecopetrol SA (ADR)’s stock price has reached a high of $9.78 and a low of $8.67.

Over the last year, Ecopetrol SA (ADR) has hit prices as high as $13.14 and as low as $8.67. Year to date, Ecopetrol SA (ADR)’s stock is down 16.43%.

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What Caused Ecopetrol 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 September 24, 2024, there were 3 analysts who downgraded Ecopetrol SA (ADR)’s stock and 0 analysts who upgraded over the last month.

Additionally, you'll want to evaluate Ecopetrol 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 Ecopetrol SA (ADR)’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Ecopetrol SA (ADR)’s current valuation based on AAII’s Value Grade is a A, which means it is considered to be Deep Value.

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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 Ecopetrol SA (ADR) (EC) by visiting AAII Stock Evaluator.

Relative Price Strength of Ecopetrol 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 September 24, 2024, Ecopetrol SA (ADR) has a weighted four-quarter relative price strength of -14.83%, which translates to a Momentum Score of 23 and is considered to be Weak.

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Ecopetrol SA (ADR) Stock Price: Bottom Line

As of September 25, 2024, Ecopetrol SA (ADR)’s stock price is $8.75, which is down 6.12% 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 Ecopetrol SA (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.