ECO Animal Health Group (LON:EAH) Stock Passes Below 200 Day Moving Average – Here’s What Happened

ECO Animal Health Group plc (LON:EAH)’s share price passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 100.56 and traded as low as GBX 88. ECO Animal Health Group shares last traded at GBX 88, with a volume of 81,577 shares changing hands.

Analyst Ratings Changes

Separately, Shore Capital Group reissued a “buy” rating on shares of ECO Animal Health Group in a report on Wednesday, March 11th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat.com, ECO Animal Health Group currently has an average rating of “Buy” and an average price target of GBX 160.

ECO Animal Health Group Trading Down 1.1%

The business’s 50 day simple moving average is GBX 94.68 and its 200-day simple moving average is GBX 100.56. The company has a debt-to-equity ratio of 5.97, a current ratio of 3.73 and a quick ratio of 2.14. The stock has a market capitalization of £59.03 million, a P/E ratio of 20.05 and a beta of 0.00.

ECO Animal Health Group Company Profile

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.