Ecopetrol S.A. (EC) Shares Slide -7.67%

Ecopetrol S.A. (EC) : During the past 4 weeks, traders have been relatively bearish on Ecopetrol S.A. (EC), hence the stock is down -14.1% 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 -7.61% relative to the S&P 500. The 4-week change in the price of the stock is -11.22% and the stock has fallen -7.67% in the past 1 week.

The stock has recorded a 20-day Moving Average of 7.49% and the 50-Day Moving Average is 8.09%. Ecopetrol SA has dropped 13.98% during the last 3-month period . Year-to-Date the stock performance stands at 21.97%.


Ecopetrol S.A. (NYSE:EC): stock turned positive on Friday. Though the stock opened at $8.34, the bulls momentum made the stock top out at $8.585 level for the day. The stock recorded a low of $8.32 and closed the trading day at $8.55, in the green by 1.79%. The total traded volume for the day was 1,189,677. The stock had closed at $8.4 in the previous days trading.

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.

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