How to Buy Edenor Stock
Edenor
Edenor is a regulated electric utility company located in Argentina, which is part of the Utilities sector, and is traded under the ticker EDN on the NYSE exchange.
Edenor stock last closed at $16.64, up 1.16% from the previous day, and has increased 95.53% in one year. It has overperformed other stocks in the Utilities - Regulated Electric industry by 1.05 percentage points. Edenor stock is currently +101.21% from its 52-week low of $8.27, and -23.67% from its 52-week high of $21.80.
At the moment, there are 906.46M shares of EDN outstanding. The market value of EDN is $754.17M. In the last 24 hours, 70,454 EDN shares were traded.
How to Buy Edenor Stock
Not sure how to invest in Edenor stock? Here's how.
- Figure out where to buy Edenor stock: You need to pick a stock brokerage, but don't worry - we've researched dozens of online stock brokerages and apps to help you determine where to buy Edenor stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit money your brokerage account: Choose your method of payment and add your information.
- Evaluate Edenor stock: The Edenor ticker symbol is EDN. Is Edenor stock a good investment? Should you buy shares of EDN? How do EDN's underlying business fundamentals look? Do top analysts think Edenor is a good buy? Why has EDN's stock price moved recently? (Hint: Our stock analysis website can help you understand if EDN is a good stock to buy).
- Make your EDN buy order: Decide if you will purchase EDN shares at the current market price or use a limit order to buy EDN shares at a particular price.
- Get the latest scoop on your EDN investment: Create a watchlist to key updates about your new investment in Edenor stock.
Step 1: Figure out where to buy Edenor stock
You need an online brokerage account in order to access the NYSE market and buy EDN stock.
Our favorite brokerage: eToro
In our opinion, eToro is the best place to buy stocks. eToro gives you:
- You can invest in stocks with zero commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still invest in the stock.
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- Social investing: eToro has a community with more than 20 million users globally. Talk to, learn from, and copy the crypto trades of top investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of shares by opening an account with eToro now.
Open eToro AccountStep 2: Open a brokerage account
Now that you've selected the best brokerage, you'll need to fill out some personal information so you are able to invest in EDN today.
How to Start a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal details to open a new brokerage account.
- Send your data by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit money your brokerage account
Now that you have finished signing up on stock market apps, your next step is to transfer the money for your investment:
Check out the video below if you need help depositing money into your brokerage account.
Step 4: Evaluate Edenor stock
Once you have identified the best place to buy Edenor stock, it's very important to research their stock before you buy, so you actually understand the risk as well as the upside.
Edenor quick stats
EDN Zen Score
WallStreetZen was built to help part-time investors perform better fundamental analysis.
You can see all of the due diligence checks on EDN's stock page.
What is the fair value of EDN stock?
Investors use many financial metrics, analyses, models, and charts to gauge EDN's intrinsic value.
Using relative valuations ratios:
- EDN may be undervalued based on its P/E ratio of 13.14x, relative to Utilities - Regulated Electric industry P/E ratio of 16.38x
- EDN may be undervalued based on its P/B ratio of 1.5x, relative to Utilities - Regulated Electric industry P/B ratio of 1.62x
You can access more valuation analysis on EDN's stock here.
How do EDN Financials look?
Signs that EDN is financially healthy:
- EDN profit margin has gone up from -8.7% to 6.8% in the past year.
- EDN has cash burn of 55317760. It has sufficient cash and short-term investments to cover this for at least one year.
- EDN has $105.07M in cash and short term investments. This is sufficient to cover its annual cash burn of $55.32M.
Signs that EDN is not financially healthy:
- There are more short-term liabilities than short-term assets on the EDN balance sheet.
- There are more long-term liabilities than short-term assets on the EDN balance sheet.
- EDN has a relatively high debt to equity ratio of 2.44.
- Total EDN debt is higher than 5 years ago, relative to shareholder equity.
You can dig deeper into what analysts are projecting on the Edenor stock forecast page.
EDN Technicals
How are EDN Revenues/Earnings doing?
Last year, EDN earnings were $54.31M. In the last 5 year, EDN's earnings have increased by -23.92% per year. This was slower than the Utilities - Regulated Electric industry average of 15.9%.
Last year, EDN revenue was $802.81M. During the past five year, EDN's revenue has gone up by -22.52% per year. This was slower than the Utilities - Regulated Electric industry average of 3.97%.
Dig into EDN's earnings and revenue performance here.
Latest Insiders Trades at EDN
In the past year, insiders at EDN have not bought or sold any shares.
Dig into more about who owns EDN stock here.
Does EDN provide a stable income stream?
No, Edenor doesn't provide an income stream by paying out dividends.
What others are saying about EDN
One of the major reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other traders have to say.
Step 5: Make your EDN buy order
There are two primary order types:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are mostly the easiest way to buy. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a given price limit, place a limit order.
Hit the Open Trade button and eToro will place your order.
If you need additional assistance buying stocks on eToro, click the how to video below:
Step 6: Get the latest scoop on your EDN investment
Now that you own some EDN shares, you'll want to keep up with your shares.
Make a watchlist to track the latest developments regarding your EDN stock.
EDN Feed
How to Buy Stock in Edenor
To reiterate, here are the 6 steps for buying Edenor stock:
- Figure out where to buy Edenor stock
- Open a brokerage account
- Deposit money your brokerage account
- Evaluate Edenor stock
- Make your EDN buy order
- Get the latest scoop on your EDN investment
If you require a online brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you would like to watch your new investment in Edenor, add EDN to your watchlist below.
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