ECO Animal Health Group (LON:EAH) Trading Up 10.4% – Time to Buy?

ECO Animal Health Group plc (LON:EAH) shares shot up 10.4% during trading on Friday . The company traded as high as GBX 101 and last traded at GBX 101. Approximately 318,726 shares were traded during mid-day trading, an increase of 263% from the average session volume of 87,745 shares. The stock had previously closed at GBX 91.50.

ECO Animal Health Group Price Performance

The firm has a 50 day moving average price of GBX 91.66 and a 200 day moving average price of GBX 97.98. The company has a quick ratio of 2.14, a current ratio of 3.42 and a debt-to-equity ratio of 5.66. The stock has a market cap of £67.76 million, a P/E ratio of 23.01 and a beta of 0.00.

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

Insiders Place Their Bets

In other news, insider David Hallas purchased 22,346 shares of the company’s stock in a transaction on Thursday, July 16th. The stock was acquired at an average cost of GBX 89 per share, for a total transaction of £19,887.94. 11.17% of the stock is owned by corporate insiders.

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.