Eleco (LON:ELCO) Stock Price Crosses Above Fifty Day Moving Average of $79.06

Eleco Plc (LON:ELCO – Get Rating) passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 79.06 ($0.98) and traded as high as GBX 81.50 ($1.01). Eleco shares last traded at GBX 81.50 ($1.01), with a volume of 4,000 shares traded.

Eleco Stock Down 0.6 %

The company has a debt-to-equity ratio of 6.51, a current ratio of 1.37 and a quick ratio of 1.23. The company has a market cap of £67.77 million, a P/E ratio of 2,716.67 and a beta of 0.89. The stock has a 50-day moving average of GBX 79.06 and a 200 day moving average of GBX 74.82.

Eleco Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, June 2nd. Stockholders of record on Thursday, May 18th will be issued a dividend of GBX 1.08 ($0.01) per share. This is a boost from Eleco’s previous dividend of $0.20. This represents a dividend yield of 1.37%. The ex-dividend date of this dividend is Thursday, May 18th. Eleco’s payout ratio is 3,333.33%.

About Eleco

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Eleco Plc provides software and related services in the United Kingdom, Scandinavia, Germany, the rest of Europe, the United States, and internationally. The company offers CAD architecture software under the Arcon Evo; Bidcon, a construction estimating software; IconSystem, a cloud-based collaborative building information management software to record, specify, design, and manage building data; Interiorstudio, a room configuration and visualization interior design software; MarketingManager, which combines product information management and digital asset management to create an effective central database; and Materialo, a flooring visualizer software.