Empresa Distribuidora y Comercia (NYSE: EDN) stock enjoyed a major increase of 11.1% on 3/18/24. The shares closed at $16.85. Moreover, this advance was accompanied by exceptionally high trading volume at 288% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 4.1% during the last week.
Current PriceTarget Research Rating
EDN is expected to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.
Empresa Distribuidora y Comercia has a current Value Trend Rating of B (Positive). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Empresa Distribuidora y Comercia has a neutral Appreciation Score of 48 but a very high Power Rating of 90, and the Positive Value Trend Rating results.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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