Eleco (LON:ELCO – Get Free Report) released its quarterly earnings data on Tuesday. The company reported GBX 5 earnings per share for the quarter, Digital Look Earnings reports. Eleco had a net margin of 3.39% and a return on equity of 4.16%.
Eleco Stock Performance
Shares of LON ELCO traded down GBX 0.69 during midday trading on Wednesday, reaching GBX 229.31. 94,929 shares of the stock were exchanged, compared to its average volume of 219,354. The firm has a market cap of £191.43 million, a price-to-earnings ratio of 143.32 and a beta of 0.74. Eleco has a twelve month low of GBX 101 and a twelve month high of GBX 230.90. The firm has a 50-day simple moving average of GBX 134.99 and a two-hundred day simple moving average of GBX 127.13. The company has a quick ratio of 1.23, a current ratio of 1.00 and a debt-to-equity ratio of 3.78.
Wall Street Analyst Weigh In
Separately, Canaccord Genuity Group lowered shares of Eleco to a “hold” rating and upped their price target for the company from GBX 205 to GBX 235 in a report on Friday, September 11th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, Eleco currently has an average rating of “Hold” and a consensus target price of GBX 235.
About Eleco
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