Eldorado Gold Corporation (NYSE:EGO) has a beta value of 1.73 and has seen 1,654,280 shares traded in the last trading session. The company, currently valued at $1.95 Billion, closed the last trade at $11.2 per share which meant it lost -$0.03 on the day or -0.27% during that session. The EGO stock price is -17.86% off its 52-week high price of $13.2 and 58.93% above the 52-week low of $4.6. If we look at the company’s 10-day average daily trading volume, we find that it stood at 2.19 Million shares traded. The 3-month trading volume is 2.54 Million shares.
The consensus among analysts is that Eldorado Gold Corporation (EGO) is an Overweight stock at the moment, with a recommendation rating of 3. 2 analysts rate the stock as a Sell, while 1 rate it as Overweight. 3 out of 12 have rated it as a Hold, with 6 advising it as a Buy. None have rated the stock as Underweight. The expected earnings per share for the stock is $0.01.
Eldorado Gold Corporation (NYSE:EGO) trade information
Despite being -0.27% in the red today, the stock has traded in the green over the last five days, with the highest price hit on Tuesday, Sep 15 when the EGO stock price touched $11.40- or saw a rise of 1.75%. Year-to-date, Eldorado Gold Corporation shares have moved 39.48%, while the 5-day performance has seen it change 5.36%. Over the past 30 days, the shares of Eldorado Gold Corporation (NYSE:EGO) have changed 0.99%. Short interest in the company has seen 4.86 Million shares shorted with days to cover at 1.91.
Wall Street analysts have a consensus price target for the stock at $14.34, which means that the shares’ value could jump 28.04% from current levels. The projected low price target is $11 while the price target rests at a high of $17.17. In that case, then, we find that the current price level is +53.3% off the targeted high while a plunge would see the stock lose -1.79% from current levels.
Eldorado Gold Corporation (EGO) estimates and forecasts
4 analysts offering their estimates for the company have set an average revenue estimate of $112.41 Million for the current quarter. 2 have an estimated revenue figure of $139.95 Million for the next quarter concluding in March 01, 2018. Year-ago sales stood $114.74 Million and $111.88 Million respectively for this quarter and the next, and analysts expect sales will grow by -2% for the current quarter and 25.1% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -7% over the past 5 years. Earnings growth for 2020 is a modest +121.9%.