EKF Diagnostics (LON:EKF) Shares Down 7% - Time to Sell?

Key Points

• EKF Diagnostics shares dropped by 7% during trading on Friday, with the stock trading as low as GBX 23.60 ($0.31) before closing at GBX 26 ($0.35).
• The company reported an earnings per share (EPS) of GBX 0.43 for the last quarter, with analysts forecasting an EPS of 2.30 for the current fiscal year.
• EKF holds a market capitalization of £116.76 million and has key financial metrics including a price-to-earnings ratio of 19.26 and a return on equity of 7.03%.

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

EKF Diagnostics Price Performance

The stock 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 fifty day simple moving average of GBX 29.18 and a 200 day simple moving average of GBX 26.59. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.77 and a current ratio of 4.60.

EKF Diagnostics (LON:EKF - Get Free Report) last announced its earnings results on Tuesday, September 16th. The company reported GBX 0.43 EPS for the quarter. EKF Diagnostics had a return on equity of 7.03% and a net margin of 9.37%. Equities research analysts forecast that EKF Diagnostics Holdings plc will post 2.2987842 EPS for the current fiscal year.

EKF Diagnostics Company Profile

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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