Is Enel Chile S.A. ADR (ENIC) Stock a Good Buy for Short-term Investors?

At the time of writing, Enel Chile S.A. ADR [ENIC] stock is trading at $2.94, saw in change for the day. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The ENIC shares have gain 2.80% over the last week, with a monthly amount glided 5.00%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Enel Chile S.A. ADR [NYSE: ENIC] stock has seen the most recent analyst activity on November 22, 2024, when Scotiabank downgraded its rating to a Sector Perform. Previously, Goldman started tracking the stock with Buy rating on September 29, 2021, and set its price target to $3.74. On March 27, 2020, upgrade upgraded it’s rating to Sector Outperform.

For the past year, the stock price of Enel Chile S.A. ADR fluctuated between $2.51 and $3.41. Enel Chile S.A. ADR [NYSE: ENIC] shares were valued at $2.94 at the most recent close of the market.

Analyzing the ENIC fundamentals

According to Enel Chile S.A. ADR [NYSE:ENIC], the company’s sales were 5.09B for trailing twelve months, which represents an 13.14% jump. Gross Profit Margin for this corporation currently stands at 0.3% with Operating Profit Margin at 0.22%, Pretax Profit Margin comes in at 0.23%, and Net Profit Margin reading is 0.16%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.17 and Total Capital is 0.1. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.86.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 2.85 points at the first support level, and at 2.76 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.99, and for the 2nd resistance point, it is at 3.04.

Ratios To Look Out For

It is important to note that Enel Chile S.A. ADR [NYSE:ENIC] has a current ratio of 1.16. In addition, the Quick Ratio stands at 1.11 and the Cash Ratio stands at 0.22. Considering the valuation of this stock, the price to sales ratio is 0.80, the price to book ratio is 0.76 and price to earnings (TTM) ratio is 4.81.

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