(ELEC) Électricite de Strasbourg - Ratings and Ratios

Électricite de Strasbourg Société Anonyme is a French energy company that supplies electricity and natural gas to individuals, businesses, and local authorities. Beyond its core energy supply business, the company is also involved in the design, construction, and operation of electrical engineering, industrial, and public lighting facilities, as well as heating networks. This diversified service portfolio is complemented by the provision of collective catering engineering and energy renovation services, along with the technical management and optimization of energy installations. With a history dating back to 1899 and headquartered in Strasbourg, France, Électricite de Strasbourg Société Anonyme operates under the umbrella of EDF Développement Environnement SA, leveraging its expertise in the renewable electricity sector.

From a market perspective, Électricite de Strasbourg Société Anonyme is a common stock listed under the ticker symbol ELEC, categorized within the Renewable Electricity GICS sub-industry. The company is a significant player in the French energy market, with a market capitalization of 1007.30M EUR. The stock has shown robust financial performance, as evidenced by a Price-to-Earnings (P/E) ratio of 7.16 and a Return on Equity (RoE) of 49.63%, indicating a strong profitability position.

Analyzing the stocks recent price action, the last price was recorded at 142.00, with the 20-day Simple Moving Average (SMA20) at 140.58, the 50-day SMA at 133.50, and the 200-day SMA at 116.46. The Average True Range (ATR) was 2.72, or 1.91%, suggesting a moderate level of volatility. The stock has traded within a 52-week range of 96.15 to 144.00, with the current price nearing the upper end of this range. Given these technical indicators, the stock is showing a bullish trend, supported by its moving averages and recent price stability near the 52-week high.

Combining the insights from and , a forecast for Électricite de Strasbourg Société Anonyme appears positive. The stocks strong financials, as indicated by its P/E and RoE, suggest a solid foundation for potential growth. The bullish trend suggested by the moving averages and the proximity to the 52-week high, along with a moderate ATR, imply that the stock may continue its upward trajectory, potentially testing new highs. However, the absence of a forward P/E ratio may indicate a need for caution, as it could suggest a lack of analyst consensus on future earnings. Therefore, a prudent forecast would be for the stock to potentially reach 150.00 in the near term, based on its current trend and financial health, but this should be tempered by ongoing monitoring of both technical and fundamental indicators.