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Eleco (LON:ELCO) Share Price Crosses Below 50-Day Moving Average - What's Next?

Eleco logo with Computer and Technology background

Eleco Plc (LON:ELCO - Get Free Report) crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 128.02 ($1.70) and traded as low as GBX 118.63 ($1.58). Eleco shares last traded at GBX 122.88 ($1.63), with a volume of 47,493 shares.

Eleco Trading Down 0.6 %

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 fifty day moving average of GBX 125.89 and a two-hundred day moving average of GBX 135.63. The stock has a market capitalization of £98.52 million, a price-to-earnings ratio of 33.47 and a beta of 0.82.

Insider Buying and Selling

In other Eleco news, insider Jonathan Albert Hunter bought 20,000 shares of Eleco stock in a transaction on Friday, February 28th. The stock was bought at an average price of GBX 48 ($0.64) per share, with a total value of £9,600 ($12,767.66). Corporate insiders own 51.92% of the company's stock.

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