EKF Diagnostics (LON:EKF) Shares Down 7% - Here's What Happened

Key Points

• EKF Diagnostics shares fell by 7% during mid-day trading, reaching a low of GBX 23.60 ($0.31) before closing at GBX 26 ($0.35).
• The company reported a £116.76 million market capitalization and a price-to-earnings ratio of 19.26, with significant trading volume up 404% from the average.
• In its last earnings report, EKF Diagnostics achieved a 0.43 EPS for the quarter and has a projected annual EPS of approximately 2.30.

EKF Diagnostics Holdings plc (LON:EKF - Get Free Report) shares dropped 7% during mid-day trading on Saturday . The stock traded as low as GBX 23.60 ($0.31) and last traded at GBX 26 ($0.35). Approximately 2,281,890 shares traded hands during trading, an increase of 404% from the average daily volume of 453,091 shares. The stock had previously closed at GBX 27.95 ($0.37).

EKF Diagnostics Trading Down 7.0%

The company has a market capitalization of £116.76 million, a price-to-earnings ratio of 19.26 and a beta of 0.57. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.77 and a current ratio of 4.60. The firm has a fifty day moving average price of GBX 29.18 and a 200-day moving average price of GBX 26.59.

EKF Diagnostics (LON:EKF - Get Free Report) last released its earnings results on Tuesday, September 16th. The company reported GBX 0.43 earnings per share (EPS) for the quarter. EKF Diagnostics had a return on equity of 7.03% and a net margin of 9.37%. As a group, equities analysts anticipate 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.

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