A share price of Ecopetrol SA ADR [EC] is currently trading at $9.12, up 2.93%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The EC shares have gain 10.81% over the last week, with a monthly amount drifted -10.68%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Ecopetrol SA ADR [NYSE: EC] stock has seen the most recent analyst activity on February 18, 2025, when Citigroup upgraded its rating to a Buy and also boosted its price target to $14 from $9. Previously, JP Morgan upgraded its rating to Neutral on February 13, 2025, and kept the price target unchanged to $9.50. On September 25, 2024, downgrade downgraded it’s rating to Underweight and revised its price target to $8.50 on the stock. BofA Securities downgraded its rating to a Underperform. Morgan Stanley downgraded its rating to a Underweight and reduced its price target to $8.50 on March 04, 2024. Jefferies started tracking with a Underperform rating for this stock on September 21, 2023, and assigned it a price target of $11.20. In a note dated September 13, 2023, Citigroup downgraded an Neutral rating on this stock.
Ecopetrol SA ADR experienced fluctuations in its stock price throughout the past year between $7.21 and $12.59. Currently, Wall Street analysts expect the stock to reach $6.8 within the next 12 months. Ecopetrol SA ADR [NYSE: EC] shares were valued at $9.12 at the most recent close of the market. An investor can expect a potential drop of -25.44% based on the average EC price forecast.
Analyzing the EC fundamentals
Trailing Twelve Months sales for Ecopetrol SA ADR [NYSE:EC] were 32.06B which represents -0.92% decline. Gross Profit Margin for this corporation currently stands at 0.38% with Operating Profit Margin at 0.28%, Pretax Profit Margin comes in at 0.23%, and Net Profit Margin reading is 0.11%.
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 8.98 points at the first support level, and at 8.83 for the second support level. However, for the 1st resistance point, the stock is sitting at 9.25, and for the 2nd resistance point, it is at 9.37.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Ecopetrol SA ADR [NYSE:EC] is 1.53. As well, the Quick Ratio is 1.27. Considering the valuation of this stock, the price to sales ratio is 0.58, the price to book ratio is 0.99 and price to earnings (TTM) ratio is 5.11.
