Eleco Plc (LON:ELCO – Get Free Report) shares dropped 0.4% on Monday. The company traded as low as GBX 230 and last traded at GBX 231.11. Approximately 1,137,607 shares changed hands during trading, an increase of 313% from the average session volume of 275,360 shares. The stock had previously closed at GBX 232.
Wall Street Analysts Forecast Growth
Separately, Canaccord Genuity Group downgraded Eleco to a “hold” rating and boosted their price objective for the stock from GBX 205 to GBX 235 in a research report on Friday, September 11th. One investment analyst has rated the stock with a Hold rating. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of GBX 235.
Get Our Latest Stock Report on Eleco
Eleco Stock Down 0.4%
The company has a current ratio of 0.97, a quick ratio of 1.23 and a debt-to-equity ratio of 2.54. The stock has a 50-day simple moving average of GBX 216.65 and a 200-day simple moving average of GBX 149.22. The company has a market cap of £192.93 million, a price-to-earnings ratio of 51.36 and a beta of 0.74.
Eleco (LON:ELCO – Get Free Report) last released its quarterly earnings results on Tuesday, September 15th. The company reported GBX 5 earnings per share (EPS) for the quarter. Eleco had a return on equity of 11.31% and a net margin of 9.47%. As a group, analysts predict that Eleco Plc will post 6.00 EPS for the current year.
Eleco Company Profile
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