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Ecora Resources (LON:ECOR) Stock Passes Above Two Hundred Day Moving Average - Should You Sell?

Ecora Resources logo with Basic Materials background

Ecora Resources PLC (LON:ECOR - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 60.10 ($0.83) and traded as high as GBX 63.25 ($0.87). Ecora Resources shares last traded at GBX 62.20 ($0.85), with a volume of 352,791 shares trading hands.

Analyst Ratings Changes

Several analysts have issued reports on the stock. Canaccord Genuity Group reaffirmed a "buy" rating and issued a GBX 150 ($2.06) price target on shares of Ecora Resources in a report on Wednesday, April 23rd. Berenberg Bank reaffirmed a "buy" rating and issued a GBX 130 ($1.79) target price on shares of Ecora Resources in a research note on Wednesday, April 23rd.

View Our Latest Research Report on ECOR

Ecora Resources Trading Up 1.4%

The business's fifty day moving average price is GBX 59.99 and its 200 day moving average price is GBX 60.10. The company has a quick ratio of 2.08, a current ratio of 0.60 and a debt-to-equity ratio of 22.68. The firm has a market capitalization of £193.99 million, a PE ratio of 8.33, a P/E/G ratio of 0.12 and a beta of 0.62.

About Ecora Resources

(Get Free Report)

Ecora Resources is a leading royalty company focused on supporting the supply of commodities essential to creating a sustainable future. The company is listed on both the London and Toronto Stock Exchange. Our vision is to be globally recognised as the royalty company of choice synonymous with commodities that support a sustainable future by continuing to grow and diversify our royalty portfolio in line with our strategy.

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