ECO Animal Health Group (LON:EAH) Shares Cross Above 50 Day Moving Average – Should You Sell?

ECO Animal Health Group plc (LON:EAH) shares passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 91.76 and traded as high as GBX 102. ECO Animal Health Group shares last traded at GBX 100, with a volume of 238,923 shares trading hands.

ECO Animal Health Group Stock Performance

The firm’s 50 day moving average price is GBX 91.76 and its 200-day moving average price is GBX 97.69. The firm has a market cap of £67.08 million, a price-to-earnings ratio of 22.78 and a beta of 0.00. The company has a debt-to-equity ratio of 5.66, a current ratio of 3.42 and a quick ratio of 2.14.

ECO Animal Health Group (LON:EAH) last released its earnings results on Wednesday, July 15th. The company reported GBX 3.26 EPS for the quarter. ECO Animal Health Group had a net margin of 2.50% and a return on equity of 2.55%.

Insider Activity at ECO Animal Health Group

In related news, insider David Hallas acquired 22,346 shares of the business’s stock in a transaction dated Thursday, July 16th. The stock was acquired at an average price of GBX 89 per share, with a total value of £19,887.94. Corporate insiders own 11.17% of the company’s stock.

About ECO Animal Health Group

ECO Animal Health is a world leader in animal health, developing and marketing branded veterinary pharmaceuticals globally, with expertise in antibiotics and vaccines for pigs and poultry. We have a maturing proprietary R&D pipeline.

Headquartered in the UK, with global offices including R&D and manufacturing, we have marketing authorisations in over 70 countries and employ over 200 people worldwide.

Our lead product, Aivlosin® is a proprietary, patented medication which is effective against both respiratory and intestinal diseases in pigs and poultry.