Magis Global –

January 25, 2013

The Global

Category: General – Tags: , , – Joan 5:54 pm

But that may involve it in the value of their shares? While the shares of ECOPETROL have a short-lived trading at the stock market, they have won a major attraction on the Colombian stock exchange and currently is focused to conquer investors from American securities markets. When the 2008 passed the good pace of growth observed in the price of their actions driven not only by the rise in the international price of oil but also by the growth experienced by the company, everything did foresee that inevitably the value of shares would surpass the $3,000. But the sudden change of scenery which he joined the global economy plunged into a deep recession, has changed the prospects for the oil company whose stock value observed a strong low jointly with the collapse of the oil price. In recent days and the good news linked to company product, the value of the shares quoted on the upside and on the day of yesterday they closed at $2,150 in the BVC. After hitting its low of October 27, 2007 of $1,825, the role of ECOPETROL is showing a slight but steady trend positive and already accumulated an increase of 17.8% from that date. The prospects of ECOPETROL actions for this year are more than positive to the continuity of the realization of their investment projects probably a recovery may occur (although mild), in the quotation of the price of oil towards the end of the present year. It is in this sense that it would not be surprising that the value of the shares of ECOPETROL progress towards the $3,000 although it is unlikely that this year might break the barrier. Anyway, considering the current value of the same, its margin to grow in a context where there are many numbers in red, not appears nothing despicable. Original author and source of the article.