EDN Profile
Empresa Distribuidora y Comercializadora Norte S.A. (EDN) is a leading electricity distribution company in Argentina. The company is engaged in the generation, transmission, and distribution of electricity to residential, commercial, and industrial customers in the northern region of Buenos Aires and parts of the greater Buenos Aires metropolitan area.
As of its last market close, EDN had a market capitalization of approximately $43 million USD. The company had a trailing twelve-month revenue of approximately $3.3 billion USD and a net loss of approximately $1.2 billion USD. EDN's stock price had a 52-week range of $0.40 - $6.75 USD and was trading at approximately $0.47 USD at the time of its last market close.
EDN is focused on expanding its reach and improving its operational efficiency through the modernization of its electricity distribution network and the implementation of new technologies. The company is also committed to improving its financial performance through the reduction of operating costs and the optimization of its capital structure.
Investing in EDN carries risks, including risks associated with changes in economic conditions and government policies, as well as risks associated with changes in interest rates and currency exchange rates. Additionally, Empresa Distribuidora y Comercializadora Norte is subject to operational risks, including risks associated with maintenance and repair of its electricity distribution network, as well as financial risks, including risks associated with changes in the availability and cost of financing. Investors should carefully consider these risks before making any investment decisions.
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