Boston, MA 06/03/2013 (wallstreetpr) – The prices of American Depository Shares of EDENOR S.A. ADR (NYSE:EDN) had surged by 10.67 percent to close at $2.49 per ADR for the last trading session on Friday. The ADRs of the company had opened at $2.29 per ADR and traded in the range of $2.20 to $2.49 during the day before closing at $0.24 per ADR higher than the closing price on Thursday. The American depository shares of EDENOR S.A. ADR (NYSE:EDN) had recorded 52 week low price level of $1.65 per ADR and 52 week high price level of $3.01 per ADR.
Empresa Distribuidora y Commercializadora Norte SA (EDENOR S.A.)has been involved in the distribution and commercialization of electric power with its operations wholly based in Argentina. EDENOR S.A. ADR (NYSE:EDN) operates through its fully consolidated subsidiaries Aeseba SA (AESEBA) and Empresa Distribuidora Electrica Regional SA (EMDERSA). The distribution and commercialization of electric power by the company is concentrated in a concession area, which consists of several municipalities of the Greater Buenos Aires metropolitan area.
The American Depository shares of EDENOR S.A. ADR (NYSE:EDN) had recently been witnessing gain in the prices in the recent days with the company touching new high levels. Further the trading volume of the ADRs of the company had also been touching new peaks recently. The company witnessed nearly 18,585 ADRs being exchanged hands on Friday, while the average trading volume of EDENOR S.A. ADR (NYSE:EDN) is at 6,058 ADRs per day. The company presently holds 44.85 million shares outstanding in the market.
