ECO Animal Health Group (LON:EAH) Share Price Crosses Above 50-Day Moving Average – What’s Next?

ECO Animal Health Group plc (LON:EAH) crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 92.22 and traded as high as GBX 99. ECO Animal Health Group shares last traded at GBX 95, with a volume of 113,099 shares changing hands.

ECO Animal Health Group Trading Up 8.0%

The company has a debt-to-equity ratio of 5.66, a quick ratio of 2.14 and a current ratio of 3.42. The stock’s fifty day moving average is GBX 92.33 and its 200 day moving average is GBX 97.10. The stock has a market cap of £69.88 million, a P/E ratio of 33.25 and a beta of 0.72.

ECO Animal Health Group (LON:EAH) last issued its quarterly earnings data on Wednesday, July 15th. The company reported GBX 3.26 earnings per share for the quarter. ECO Animal Health Group had a return on equity of 2.55% and a net margin of 2.50%.

Insider Buying and Selling at ECO Animal Health Group

In related news, insider David Hallas purchased 22,346 shares of the firm’s stock in a transaction that occurred on Thursday, July 16th. The shares were bought at an average price of GBX 89 per share, for a total transaction of £19,887.94. Corporate insiders own 11.26% of the company’s stock.

About ECO Animal Health Group

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.