Eleco Plc (LON:ELCO - Get Free Report)'s share price passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 159.58 ($2.14) and traded as high as GBX 177 ($2.38). Eleco shares last traded at GBX 176 ($2.36), with a volume of 136,572 shares trading hands.
Analyst Ratings Changes
Separately, Canaccord Genuity Group initiated coverage on Eleco in a research report on Thursday, May 8th. They set a "buy" rating and a GBX 176 ($2.36) target price on the stock.
Read Our Latest Research Report on ELCO
Eleco Price Performance
The firm has a market cap of £148.56 million, a price-to-earnings ratio of 50.48 and a beta of 0.82. The stock has a 50-day moving average price of GBX 161.32 and a 200 day moving average price of GBX 142.76. The company has a debt-to-equity ratio of 4.79, a current ratio of 1.01 and a quick ratio of 1.23.
Eleco (LON:ELCO - Get Free Report) last posted its quarterly earnings data on Thursday, May 1st. The company reported GBX 5.10 ($0.07) EPS for the quarter. Eleco had a return on equity of 10.50% and a net margin of 9.46%. As a group, equities research analysts forecast that Eleco Plc will post 6 earnings per share for the current fiscal year.
Insider Buying and Selling
In other Eleco news, insider Mark Castle purchased 31,500 shares of the business's stock in a transaction on Wednesday, June 4th. The stock was bought at an average cost of GBX 162 ($2.18) per share, for a total transaction of £51,030 ($68,524.24). Also, insider James Pellatt purchased 6,052 shares of the business's stock in a transaction on Thursday, June 19th. The stock was acquired at an average price of GBX 165 ($2.22) per share, with a total value of £9,985.80 ($13,409.16). In the last ninety days, insiders purchased 52,552 shares of company stock worth $8,496,580. 51.92% of the stock is owned by corporate insiders.
Eleco Company Profile
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