ECO Animal Health Group (LON:EAH) Stock Passes Below 200 Day Moving Average – Here’s What Happened

ECO Animal Health Group plc (LON:EAH) passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 100.56 and traded as low as GBX 88. ECO Animal Health Group shares last traded at GBX 88, with a volume of 81,577 shares traded.

Analyst Upgrades and Downgrades

Separately, Shore Capital Group restated a “buy” rating on shares of ECO Animal Health Group in a research report on Wednesday, March 11th. One analyst has rated the stock with a Buy rating, According to MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of GBX 160.

ECO Animal Health Group Stock Down 1.1%

The firm’s 50-day moving average is GBX 94.68 and its two-hundred day moving average is GBX 100.56. The company has a debt-to-equity ratio of 5.97, a quick ratio of 2.14 and a current ratio of 3.73. The stock has a market cap of £59.03 million, a P/E ratio of 20.05 and a beta of 0.00.

ECO Animal Health Group Company Profile

ECO Animal Health is a world leader in animal health, developing and marketing branded veterinary pharmaceuticals globally, with expertise in antibiotics and vaccines for pigs and poultry. We have a maturing proprietary R&D pipeline.

Headquartered in the UK, with global offices including R&D and manufacturing, we have marketing authorisations in over 70 countries and employ over 200 people worldwide.

Our lead product, Aivlosin® is a proprietary, patented medication which is effective against both respiratory and intestinal diseases in pigs and poultry.