Empresa Distribuidora y Comercializadora Norte Sociedad Anónima (NYSE:EDN - Get Rating) saw a significant decline in short interest during the month of April. As of April 30th, there was short interest totalling 20,100 shares, a decline of 57.0% from the April 15th total of 46,700 shares. Based on an average daily volume of 22,700 shares, the short-interest ratio is currently 0.9 days.
EDN traded up $0.04 during trading hours on Friday, hitting $5.60. The company's stock had a trading volume of 12,193 shares, compared to its average volume of 20,080. The business's 50-day moving average price is $6.34 and its 200-day moving average price is $5.96. Empresa Distribuidora y Comercializadora Norte Sociedad Anónima has a 12 month low of $3.42 and a 12 month high of $7.90. The stock has a market cap of $245.02 million, a price-to-earnings ratio of -1.16 and a beta of 0.80.
Empresa Distribuidora y Comercializadora Norte Sociedad Anónima (NYSE:EDN - Get Rating) last posted its quarterly earnings data on Thursday, March 10th. The utilities provider reported ($1.82) EPS for the quarter, topping the consensus estimate of ($3.30) by $1.48. The company had revenue of $325.64 million during the quarter. Empresa Distribuidora y Comercializadora Norte Sociedad Anónima had a negative net margin of 18.75% and a negative return on equity of 27.66%. As a group, equities analysts predict that Empresa Distribuidora y Comercializadora Norte Sociedad Anónima will post 0.04 earnings per share for the current year.
A hedge fund recently raised its stake in Empresa Distribuidora y Comercializadora Norte Sociedad Anónima stock. BlackRock Inc. boosted its position in shares of Empresa Distribuidora y Comercializadora Norte Sociedad Anónima (NYSE:EDN - Get Rating) by 49.0% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 10,727 shares of the utilities provider's stock after buying an additional 3,529 shares during the quarter. BlackRock Inc.'s holdings in Empresa Distribuidora y Comercializadora Norte Sociedad Anónima were worth $57,000 as of its most recent filing with the Securities & Exchange Commission. 0.19% of the stock is owned by institutional investors and hedge funds.
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