Somewhat Positive News Coverage Somewhat Unlikely to Affect Empresa Distribuidora Y Comercializadora Norte S.A. (Edenor) (EDN) Stock Price

News stories about Empresa Distribuidora Y Comercializadora Norte S.A. (Edenor) (NYSE:EDN) have trended somewhat positive on Saturday, Accern Sentiment reports. The research group scores the sentiment of media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Empresa Distribuidora Y Comercializadora Norte S.A. (Edenor) earned a media sentiment score of 0.09 on Accern’s scale. Accern also gave news stories about the utilities provider an impact score of 45.4907437494197 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

A number of equities analysts have recently issued reports on EDN shares. Zacks Investment Research cut Empresa Distribuidora Y Comercializadora Norte S.A. (Edenor) from a “buy” rating to a “hold” rating in a report on Wednesday, August 9th. BidaskClub upgraded Empresa Distribuidora Y Comercializadora Norte S.A. (Edenor) from a “sell” rating to a “hold” rating in a report on Wednesday, June 21st. Finally, ValuEngine upgraded Empresa Distribuidora Y Comercializadora Norte S.A. (Edenor) from a “buy” rating to a “strong-buy” rating in a report on Thursday, July 13th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the stock. Empresa Distribuidora Y Comercializadora Norte S.A. (Edenor) has an average rating of “Buy” and an average target price of $30.75.

Empresa Distribuidora Y Comercializadora Norte S.A. (EDN) traded up 2.90% during trading on Friday, hitting $38.27. The stock had a trading volume of 66,185 shares. The firm has a market cap of $1.72 billion, a P/E ratio of 79.73 and a beta of 1.89. Empresa Distribuidora Y Comercializadora Norte S.A. has a 52-week low of $18.60 and a 52-week high of $39.17. The company has a 50-day moving average of $33.94 and a 200 day moving average of $32.92.

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About Empresa Distribuidora Y Comercializadora Norte S.A. (Edenor)

Empresa Distribuidora y Comercializadora Norte SA is a public service company. The Company is engaged in electricity distribution in Argentina. It holds a concession to distribute electricity to the northwestern part of the greater Buenos Aires metropolitan area and in the northern part of the City of Buenos Aires.

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