Eleco (LON:ELCO) Share Price Passes Above 50-Day Moving Average – Here’s Why

Eleco Plc (LON:ELCOGet Free Report)’s stock price crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 141.55 ($1.74) and traded as high as GBX 142.50 ($1.75). Eleco shares last traded at GBX 138.25 ($1.70), with a volume of 21,805 shares trading hands.

Eleco Trading Down 3.0 %

The company’s 50 day simple moving average is GBX 141.55 and its two-hundred day simple moving average is GBX 133.36. The company has a quick ratio of 1.23, a current ratio of 1.01 and a debt-to-equity ratio of 4.79. The company has a market capitalization of £113.85 million, a price-to-earnings ratio of 3,456.25 and a beta of 0.82.

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