Eleco (LON:ELCO) Share Price Passes Below 50 Day Moving Average – Here’s What Happened

Eleco Plc (LON:ELCOGet Free Report)’s stock price passed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 123.78 and traded as low as GBX 122. Eleco shares last traded at GBX 123.40, with a volume of 100,128 shares.

Eleco Trading Down 3.2%

The company has a debt-to-equity ratio of 3.78, a quick ratio of 1.23 and a current ratio of 1.00. The business has a fifty day simple moving average of GBX 124.32 and a 200 day simple moving average of GBX 129.44. The company has a market cap of £100.18 million, a P/E ratio of 75.00 and a beta of 0.68.

Eleco (LON:ELCOGet Free Report) last released its earnings results on Tuesday, April 28th. The company reported GBX 6.30 EPS for the quarter. The company had revenue of GBX 3,882 million for the quarter. Eleco had a return on equity of 4.16% and a net margin of 3.39%. Analysts anticipate that Eleco Plc will post 6 earnings per share for the current fiscal year.

Eleco Company Profile

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