Ellomay Capital (NYSEAMERICAN:ELLO) Stock Passes Above 50-Day Moving Average of $0.00

Ellomay Capital Ltd. (NYSEAMERICAN:ELLO) crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $0.00 and traded as high as $12.91. Ellomay Capital shares last traded at $12.91, with a volume of 308 shares traded.

Ellomay Capital Price Performance

The company has a market cap of $166.54 million, a P/E ratio of -27.57 and a beta of 1.26. The company has a debt-to-equity ratio of 3.16, a quick ratio of 1.06 and a current ratio of 1.06.

Ellomay Capital (NYSEAMERICAN:ELLO) last issued its quarterly earnings data on Sunday, June 30th. The utilities provider reported ($0.34) EPS for the quarter. The company had revenue of $8.91 million during the quarter. Ellomay Capital had a negative net margin of 12.19% and a negative return on equity of 2.67%.

Hedge Funds Weigh In On Ellomay Capital

An institutional investor recently raised its position in Ellomay Capital stock. Clal Insurance Enterprises Holdings Ltd increased its position in shares of Ellomay Capital Ltd. (NYSEAMERICAN:ELLO) by 54.7% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,512,554 shares of the utilities provider’s stock after buying an additional 534,554 shares during the period. Clal Insurance Enterprises Holdings Ltd owned 11.77% of Ellomay Capital worth $22,580,000 at the end of the most recent reporting period. Institutional investors own 27.54% of the company’s stock.

Ellomay Capital Company Profile

Ellomay Capital Ltd., together with its subsidiaries, engages in the initiation, development, construction, and production of renewable and clean energy projects in Spain, the United States, Italy, the Netherlands, and Israel. The company owns photovoltaic (PV) plants comprising five PV plants in Spain with an aggregate installed capacity of approximately 35.9 megawatts (MW); and one PV plant with an installed capacity of 300 MW in the municipality of Talaván, Spain.