Eleco Plc (LON:ELCO – Get Free Report)’s stock price passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 143.59 and traded as low as GBX 132. Eleco shares last traded at GBX 132, with a volume of 61,714 shares traded.
Analyst Ratings Changes
Separately, Canaccord Genuity Group reissued a “buy” rating and set a GBX 176 price target on shares of Eleco in a research report on Tuesday, September 16th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of GBX 176.
Check Out Our Latest Report on ELCO
Eleco Trading Down 0.6%
Eleco (LON:ELCO – Get Free Report) last posted its earnings results on Tuesday, September 16th. The company reported GBX 2 EPS for the quarter. Eleco had a return on equity of 10.50% and a net margin of 9.46%. As a group, research analysts expect that Eleco Plc will post 6 EPS for the current year.
About Eleco
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