Ecopetrol S.A Reaches New 52-Week High (EC)

NEW YORK ( TheStreet) -- Ecopetrol S.A (NYSE: EC) hit a new 52-week high Tuesday as it is currently trading at $60.50, above its previous 52-week high of $60.23 with 839,956 shares traded as of 3:59 p.m. ET. Average volume has been 320,700 shares over the past 30 days.

Ecopetrol S.A has a market cap of $101.73 billion and is part of the basic materials sector and energy industry. Shares are up 30.8% year to date as of the close of trading on Monday.

Ecopetrol S.A. operates as an integrated oil company in Colombia, Peru, Brazil, and the U.S. Gulf Coast. The company engages in the exploration, development, and production of crude oil and natural gas. The company has a P/E ratio of 16.2, below the average energy industry P/E ratio of 24 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Ecopetrol S.A as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full Ecopetrol S.A Ratings Report.

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