Eleco (LON:ELCO) Releases Earnings Results

Key Points

• Eleco reported earnings of GBX 2 per share for the quarter, with a return on equity of 10.50% and a net margin of 9.46%.
• Despite the earnings announcement, Eleco's shares fell 5.4% to GBX 150 and the stock has a 52-week range of GBX 106.36 to GBX 182.40.
• Insider James Pellatt purchased 6,052 shares at an average price of GBX 165, indicating confidence from company insiders who own 14.14% of Eleco's stock.

Eleco (LON:ELCO - ) issued its earnings results on Tuesday. The company reported GBX 2 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Eleco had a return on equity of 10.50% and a net margin of 9.46%.

Eleco Stock Down 5.4%

Shares of ELCO opened at GBX 150 on Tuesday. The stock has a fifty day simple moving average of GBX 167.74 and a two-hundred day simple moving average of GBX 149.67. The company has a quick ratio of 1.23, a current ratio of 1.01 and a debt-to-equity ratio of 4.79. The company has a market capitalization of £123.98 million, a PE ratio of 3,750.00 and a beta of 0.82. Eleco has a 52-week low of GBX 106.36 and a 52-week high of GBX 182.40.

Insider Activity

In other Eleco news, insider James Pellatt acquired 6,052 shares of the business's stock in a transaction that occurred on Thursday, June 19th. The stock was purchased at an average cost of GBX 165 per share, with a total value of £9,985.80. Insiders own 14.14% of the company's stock.

Eleco Company Profile

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