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

ECO Animal Health Group plc (LON:EAH)’s share price passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 91.76 and traded as high as GBX 102. ECO Animal Health Group shares last traded at GBX 100, with a volume of 238,923 shares.

ECO Animal Health Group Trading Up 3.1%

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 company’s fifty day moving average is GBX 91.76 and its 200-day moving average is GBX 97.69. The firm has a market capitalization of £67.08 million, a P/E ratio of 22.78 and a beta of 0.00.

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

Insider Activity at ECO Animal Health Group

In other ECO Animal Health Group news, insider David Hallas acquired 22,346 shares of the company’s stock in a transaction dated Thursday, July 16th. The shares were acquired at an average cost of GBX 89 per share, for a total transaction of £19,887.94. Insiders own 11.17% 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.