Eleco (LON:ELCO) Stock Crosses Below 50-Day Moving Average – Here’s Why

Eleco Plc (LON:ELCOGet Free Report) passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 135.14 and traded as low as GBX 128.10. Eleco shares last traded at GBX 131, with a volume of 14,729 shares.

Eleco Trading Up 0.8%

The firm has a market capitalization of £107.60 million, a P/E ratio of 28.89 and a beta of 0.82. The stock’s 50-day simple moving average is GBX 135.14 and its two-hundred day simple moving average is GBX 151.53. The company has a debt-to-equity ratio of 4.79, a current ratio of 1.01 and a quick ratio of 1.23.

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