ECO Animal Health Group (LON:EAH) Stock Passes Above Fifty Day Moving Average – Time to Sell?

ECO Animal Health Group plc (LON:EAH)’s share price crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 82.26 ($1.10) and traded as high as GBX 84.80 ($1.13). ECO Animal Health Group shares last traded at GBX 83.02 ($1.11), with a volume of 54,514 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Shore Capital reiterated a “buy” rating and set a GBX 150 target price on shares of ECO Animal Health Group in a research report on Monday. One analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of GBX 150.

ECO Animal Health Group Stock Down 0.6%

The business has a 50-day simple moving average of GBX 82.26 and a two-hundred day simple moving average of GBX 70.11. The stock has a market capitalization of £56.03 million, a P/E ratio of 34.16 and a beta of -0.05. The company has a quick ratio of 2.14, a current ratio of 2.96 and a debt-to-equity ratio of 4.81.

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.