Eleco (LON:ELCO) Shares Cross Below 50-Day Moving Average – Time to Sell?

Eleco Plc (LON:ELCOGet Free Report) shares passed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 123.78 and traded as low as GBX 122. Eleco shares last traded at GBX 123.40, with a volume of 100,128 shares trading hands.

Eleco Trading Down 1.5%

The company has a debt-to-equity ratio of 3.78, a current ratio of 1.00 and a quick ratio of 1.23. The stock has a market capitalization of £101.43 million, a PE ratio of 75.94 and a beta of 0.68. The stock’s 50 day simple moving average is GBX 123.78 and its two-hundred day simple moving average is GBX 129.69.

Eleco (LON:ELCOGet Free Report) last released its earnings results on Tuesday, April 28th. The company reported GBX 6.30 earnings per share for the quarter. The firm had revenue of GBX 3,882 million for the quarter. Eleco had a net margin of 3.39% and a return on equity of 4.16%. On average, sell-side analysts expect that Eleco Plc will post 6 EPS for the current year.

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