ECO Animal Health Group (LON:EAH) Trading Down 6.1% – Time to Sell?

ECO Animal Health Group plc (LON:EAH) was down 6.1% during mid-day trading on Friday . The stock traded as low as GBX 95.10 and last traded at GBX 96.76. 184,416 shares changed hands during mid-day trading, an increase of 84% from the average session volume of 100,174 shares. The stock had previously closed at GBX 103.

ECO Animal Health Group Stock Performance

The company’s fifty day simple moving average is GBX 96.64 and its 200 day simple moving average is GBX 95.88. The company has a current ratio of 3.42, a quick ratio of 2.14 and a debt-to-equity ratio of 5.66. The stock has a market capitalization of £64.57 million, a P/E ratio of 30.72 and a beta of 0.70.

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

Insiders Place Their Bets

In other ECO Animal Health Group news, insider David Hallas bought 22,346 shares of the firm’s stock in a transaction on Thursday, July 16th. The shares were acquired at an average cost of GBX 89 per share, for a total transaction of £19,887.94. 11.28% of the stock is owned by corporate insiders.

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.