Shares of Eleco Plc (LON:ELCO - Get Free Report) crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 122.05 and traded as low as GBX 120. Eleco shares last traded at GBX 120.68, with a volume of 3,198,497 shares trading hands.
Analyst Ratings Changes
Separately, Canaccord Genuity Group upped their price target on shares of Eleco from GBX 176 to GBX 196 and gave the company a "buy" rating in a report on Tuesday, January 27th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat, the company presently has an average rating of "Buy" and an average price target of GBX 196.
View Our Latest Stock Analysis on Eleco
Eleco Price Performance
The company has a debt-to-equity ratio of 4.30, a current ratio of 0.90 and a quick ratio of 1.23. The stock's fifty day simple moving average is GBX 122.05 and its 200-day simple moving average is GBX 133.34. The company has a market capitalization of £105.29 million, a P/E ratio of 79.06 and a beta of 0.68.
Eleco (LON:ELCO - Get Free Report) last released its quarterly earnings results on Tuesday, April 28th. The company reported GBX 6.30 earnings per share (EPS) for the quarter. Eleco had a net margin of 10.74% and a return on equity of 11.98%. The company had revenue of GBX 3,882 million during the quarter. On average, equities analysts forecast that Eleco Plc will post 6 earnings per share for the current fiscal year.
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