Eckoh (LON:ECK) Share Price Passes Below 200-Day Moving Average of $0.00

Eckoh PLC (LON:ECK)’s share price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $0.00 and traded as low as $48.00. Eckoh shares last traded at $48.50, with a volume of 232,160 shares changing hands.

A number of research firms recently issued reports on ECK. Berenberg Bank downgraded shares of Eckoh to a “hold” rating and set a GBX 45 ($0.59) target price for the company. in a report on Friday, May 17th. Canaccord Genuity boosted their target price on shares of Eckoh from GBX 50 ($0.65) to GBX 52 ($0.68) and gave the company a “buy” rating in a report on Wednesday, June 12th.

The stock’s fifty day moving average is GBX 47.98. The company has a market cap of $123.20 million and a PE ratio of 121.25. The company has a debt-to-equity ratio of 18.91, a current ratio of 1.19 and a quick ratio of 0.77.

The business also recently announced a dividend, which will be paid on Friday, October 25th. Investors of record on Thursday, September 26th will be issued a GBX 0.61 ($0.01) dividend. This represents a yield of 1.36%. This is an increase from Eckoh’s previous dividend of $0.55. The ex-dividend date of this dividend is Thursday, September 26th. Eckoh’s payout ratio is presently 2.50%.

In related news, insider Christopher Humphrey bought 100,000 shares of the stock in a transaction that occurred on Thursday, July 4th. The stock was purchased at an average cost of GBX 47 ($0.61) per share, for a total transaction of £47,000 ($61,413.82).

About Eckoh (LON:ECK)

Eckoh plc, together with its subsidiaries, provides secure payment products and customer contact solutions for customer contact centers in the United Kingdom, the United States, and internationally. It offers customer engagement solutions, such as chatbots, hosted and visual interactive voice response, natural language speech recognition, and identification and verification; and Web chat, instant callback, social media agent, co-browsing, smart SMS, and external knowledge base.

Read More: What is a put option?

Receive News & Ratings for Eckoh Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Eckoh and related companies with MarketBeat.com's FREE daily email newsletter.