Eleco (LON:ELCO – Get Free Report) released its quarterly earnings results on Tuesday. The company reported GBX 5 earnings per share for the quarter, Digital Look Earnings reports. Eleco had a return on equity of 4.16% and a net margin of 3.39%.
Eleco Stock Down 0.3%
Eleco stock opened at GBX 229.31 on Wednesday. The firm’s fifty day moving average is GBX 134.99 and its 200 day moving average is GBX 127.13. The company has a market capitalization of £191.43 million, a PE ratio of 143.32 and a beta of 0.74. The company has a quick ratio of 1.23, a current ratio of 1.00 and a debt-to-equity ratio of 3.78. Eleco has a 12-month low of GBX 101 and a 12-month high of GBX 230.90.
Wall Street Analyst Weigh In
Separately, Canaccord Genuity Group downgraded Eleco to a “hold” rating and lifted their target price for the stock from GBX 205 to GBX 235 in a report on Friday, September 11th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of GBX 235.
Eleco Company Profile
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