Centrais Elétricas Brasileiras S.A. – Eletrobrás (NYSE:EBR) Upgraded by Zacks Investment Research to Buy

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Centrais Elétricas Brasileiras S.A. – Eletrobrás stock has undergone multiple analysts rating changes in the recent past.  Centrais Elétricas Brasileiras S.A. – Eletrobrás Upgraded by Zacks Investment Research on 10/18/2021. In a note to investors, the firm issued a new rating of Buy. The analysts previously had rating of Hold.

Shares of Centrais Elétricas Brasileiras S.A. – Eletrobrás traded up $0.20 on Monday, reaching $7.41. 1459015 shares of the stock traded hands, compared to its average volume of 1474067. Shares of Centrais Elétricas Brasileiras S.A. – Eletrobrás were trading at $7.41 on Monday. The firm’s 50 day moving average is $7.22 and its 200 day moving average is $7.08.Centrais Elétricas Brasileiras S.A. – Eletrobrás has a 12 month low of $7.02 and a 12 month high of $9.61. While on yearly highs and lows, Centrais Elétricas Brasileiras S.A. – Eletrobrás’s today has traded high as $7.43 and has touched $7.02 on the downward trend. See More Analyst Rating at: RATING

Centrais Elétricas Brasileiras S.A. – Eletrobrás Earnings and What to expect: 

Centrais Elétricas Brasileiras S.A. – Eletrobrás has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Thursday, November 11th, 2021 based off prior year’s report dates.

The P/E ratio of Centrais Elétricas Brasileiras S.A. – Eletrobrás is 9.75, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 15.09. The P/E ratio of Centrais Elétricas Brasileiras S.A. – Eletrobrás is 9.75, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 14.00. Centrais Elétricas Brasileiras S.A. – Eletrobrás has a P/B Ratio of 0.70. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Centrais Elétricas Brasileiras S.A. – Eletrobrás (NYSE:EBR) Moving Average Technical Analysis

5 day Moving Average is $7.28 And 5 day price change is $0.27 (3.78%)  with average volume for 5 day average is 3,204,000. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $7.14 and 20 day price change is $0.44 (6.31%) and average 20 day moving volume is 1,740,210. 50 day moving average is $7.22  and 50 day price change is -$0.47 ( -5.96%)  and with average volume for 50 days is : 1,119,594. 200 day moving average is $7.08  and 200 day price change is $0.42 (6.01%)  and with average volume for 200 days is : 1,227,221.

Other owners latest trading in Centrais Elétricas Brasileiras S.A. – Eletrobrás :

  • On 10/13/2021 shares held by Crossmark Global Holdings Inc. were 23,994 which equates to market value of $0.14M and appx 0.00% owners of Centrais Elétricas Brasileiras S.A. – Eletrobrás
  • On 10/13/2021 shares held by Veracity Capital LLC were 13,968 which equates to market value of $99K and appx 0.00% owners of Centrais Elétricas Brasileiras S.A. – Eletrobrás
  • On 10/12/2021 shares held by Shilanski & Associates Inc. were 25,794 which equates to market value of $0.18M and appx 0.10% owners of Centrais Elétricas Brasileiras S.A. – Eletrobrás
  • In total Institutional ownership equates to Institutional Ownership Percentage: 0.90% for Centrais Elétricas Brasileiras S.A. – Eletrobrás

See More Analyst Rating at: RATING