EKF Diagnostics (LON:EKF) Trading Down 7% - Should You Sell?

Key Points

• EKF Diagnostics experienced a significant drop in share price, falling by 7% to trade at GBX 26 ($0.35) after closing at GBX 27.95 ($0.37).
• The company reported a return on equity of 7.03% and earnings per share of GBX 0.43 for the most recent quarter.
• With a market capitalization of £116.76 million, EKF Diagnostics focuses on diagnostics in Hematology and Diabetes and operates globally, selling products in over 120 countries.

EKF Diagnostics Holdings plc (LON:EKF - Get Free Report)'s share price fell 7% during trading on Saturday . The stock traded as low as GBX 23.60 ($0.31) and last traded at GBX 26 ($0.35). 2,281,890 shares were traded during mid-day 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 Trading Down 7.0%

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 market capitalization of £116.76 million, a price-to-earnings ratio of 19.26 and a beta of 0.57. The company has a 50 day moving average price of GBX 29.18 and a two-hundred day moving average price of GBX 26.59.

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

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.