Ecopetrol S.A. (EC) : During the past 4 weeks, traders have been relatively bearish on Ecopetrol S.A. (EC), hence the stock is down -14.15% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -5.32% relative to the S&P 500. The 4-week change in the price of the stock is -12.01% and the stock has fallen -4.91% in the past 1 week.
Ecopetrol S.A. (NYSE:EC): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $8.07 and $7.99 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $8.15. The buying momentum continued till the end and the stock did not give up its gains. It closed at $8.13, notching a gain of 0.99% for the day. The total traded volume was 674,861 . The stock had closed at $8.05 on the previous day.
The stock has recorded a 20-day Moving Average of 9.03% and the 50-Day Moving Average is 11.58%. Ecopetrol SA has dropped 13.88% during the last 3-month period . Year-to-Date the stock performance stands at 15.98%.
Ecopetrol S.A. (EC) : Currently there are 3 street experts covering Ecopetrol S.A. (EC) stock. The most bullish and bearish price target for the stock is $10 and $8 respectively for the short term. The average price target of all the analysts comes to $8.83. The estimated standard deviation from the target is $0.76.
Ecopetrol S.A. is an oil company. The Companys business segments include Exploration and Production; Transportation and Logistics, and Refining, Petrochemicals, and Biofuels. The Exploration and Production business segment includes exploration, development and production activities in Colombia and abroad. It conducts exploration and production activities through some of its subsidiaries and through joint ventures with third parties. The transportation and logistics segment includes the transportation of crude oil, motor fuels, fuel oil and other refined products, including diesel and biofuels. It conducts these activities through its wholly owned subsidiary Cenit and Cenits subsidiaries. Its key refineries are the Barrancabermeja refinery, which it directly owns and operates, and a refinery in the Free Trade Zone in Cartagena that is operated by Reficar S.A., a wholly owned subsidiary of it. It has presence in Colombia, Peru, Brazil, Angola and the United States Gulf Coast.