EKF Diagnostics (LON:EKF) Share Price Crosses Above Two Hundred Day Moving Average – Should You Sell?

Shares of EKF Diagnostics Holdings plc (LON:EKF) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 25.29 and traded as high as GBX 27.90. EKF Diagnostics shares last traded at GBX 26.60, with a volume of 180,510 shares trading hands.

Wall Street Analyst Weigh In

Separately, Stifel Nicolaus reiterated a “buy” rating and issued a GBX 35 price target on shares of EKF Diagnostics in a research note on Wednesday, April 22nd. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, EKF Diagnostics presently has an average rating of “Buy” and a consensus target price of GBX 35.

EKF Diagnostics Price Performance

The company has a market capitalization of £114.74 million, a P/E ratio of 56.71 and a beta of 0.53. The company’s 50-day moving average price is GBX 25.06 and its two-hundred day moving average price is GBX 25.31. The company has a debt-to-equity ratio of 2.01, a current ratio of 4.16 and a quick ratio of 1.77.

EKF Diagnostics (LON:EKF) last issued its quarterly earnings data on Tuesday, March 24th. The company reported GBX 0.47 earnings per share for the quarter. EKF Diagnostics had a net margin of 4.12% and a return on equity of 3.01%. As a group, sell-side analysts expect that EKF Diagnostics Holdings plc will post 2.2987842 EPS for the current year.

About EKF Diagnostics

EKF is an AIM-listed global diagnostics business focussed on:

● Point-of-Care analysers in the key areas of Hematology and Diabetes

● Life Sciences services provide specialist manufacture of enzymes and custom products for use in diagnostic, food and industrial applications.

EKF has headquarters in Penarth (near Cardiff) and operates five manufacturing sites across the US and Germany, selling into over 120 countries world-wide.