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Ellomay Capital (NYSEAMERICAN:ELLO) Shares Cross Below 50-Day Moving Average - Time to Sell?

Ellomay Capital logo with Utilities background
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Key Points

  • Technical signal: Ellomay Capital shares dropped below the 50‑day moving average, trading as low as $24.51 versus a 50‑day MA of $25.94 and last at $25.10 on volume of 1,795 shares (200‑day MA $23.31).
  • Financial picture: Market cap ~$345.9M with a negative PE (‑139.44), modest liquidity (current and quick ratios 1.18) and high leverage (debt‑to‑equity 3.04).
  • Institutional activity and business focus: About 27.54% owned by institutions with recent stake increases from Clal, Menora (new position), Yelin Lapidot and JPMorgan; the company is an Israel‑based investor in renewable energy, primarily ground‑mounted solar PV projects in Italy.
  • Five stocks to consider instead of Ellomay Capital.

Ellomay Capital Ltd. (NYSEAMERICAN:ELLO - Get Free Report) passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $25.94 and traded as low as $24.51. Ellomay Capital shares last traded at $25.10, with a volume of 1,795 shares changing hands.

Ellomay Capital Trading Up 0.4%

The company has a current ratio of 1.18, a quick ratio of 1.18 and a debt-to-equity ratio of 3.04. The firm has a market cap of $345.88 million, a PE ratio of -139.44 and a beta of 1.00. The company has a 50-day simple moving average of $25.94 and a 200 day simple moving average of $23.31.

Institutional Trading of Ellomay Capital

Hedge funds and other institutional investors have recently modified their holdings of the stock. Clal Insurance Enterprises Holdings Ltd increased its stake in shares of Ellomay Capital by 4.6% in the 3rd quarter. Clal Insurance Enterprises Holdings Ltd now owns 1,594,224 shares of the utilities provider's stock worth $28,276,000 after acquiring an additional 70,180 shares during the last quarter. Menora Mivtachim Holdings LTD. acquired a new stake in shares of Ellomay Capital in the 3rd quarter worth $17,019,000. Yelin Lapidot Holdings Management Ltd. increased its stake in shares of Ellomay Capital by 75.5% in the 4th quarter. Yelin Lapidot Holdings Management Ltd. now owns 193,565 shares of the utilities provider's stock worth $4,704,000 after acquiring an additional 83,300 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its stake in shares of Ellomay Capital by 39.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,601 shares of the utilities provider's stock worth $65,000 after acquiring an additional 1,021 shares during the last quarter. 27.54% of the stock is owned by institutional investors and hedge funds.

Ellomay Capital Company Profile

(Get Free Report)

Ellomay Capital Ltd. is an Israel-based investment company specializing in the acquisition, financing, development and operation of renewable energy and related infrastructure assets. Founded in 2014 and traded on the NYSE American under the ticker ELLO, Ellomay focuses on building a diversified portfolio of solar photovoltaic (PV) projects and specialty infrastructure businesses that generate stable, long-term cash flows under government-backed tariffs and concession agreements.

The company's core activities center on ground-mounted solar PV installations in Italy, where its operating portfolio comprises multiple medium-sized projects secured under feed-in-tariff regimes.

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