Shares of Empresa Distribuidora y Comercializadora Norte SA (EDN, Financial) experienced a significant increase, rising by 5.10%. The stock is currently priced at $22.79 per share with a trading volume of 167,974 shares, reflecting a turnover rate of 0.38% and a price fluctuation amplitude of 6.09%.
Recent financial reports reveal that EDN generated a revenue of $493 million, a net profit of $53.38 million, and an earnings per share (EPS) of $1.22. The company also recorded a gross profit of $133 million, with a price-to-earnings (P/E) ratio of 4.12.
Analyst ratings for EDN are overwhelmingly positive, with 100% of the participating institutions recommending a buy. No institutions have suggested holding or selling the stock. Within the energy sector, the overall growth is 0.20%, with EDN, Centuri Holdings, and Central Puerto Sa Ads Each Repr 10 Ord Shs showing notable gains. Other active stocks include Oklo Inc., Hawaiian Electric, and New Fortress Energy Inc., with turnover rates of 1.44%, 0.86%, and 0.72% respectively. Notably, stocks with significant price fluctuations include Central Puerto Sa Ads Each Repr 10 Ord Shs, EDN, and Oklo Inc., with amplitudes of 6.28%, 6.20%, and 5.90% respectively.
Empresa Distribuidora y Comercializadora Norte SA is engaged in the distribution and sale of electricity, covering the northern region of Buenos Aires. The company primarily serves residential, commercial, industrial, and public sectors.
