Eleco (LON:ELCO) Share Price Crosses Above Fifty Day Moving Average of $78.14

Eleco Plc (LON:ELCO)’s share price passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 78.14 ($0.99) and traded as high as GBX 79.72 ($1.01). Eleco shares last traded at GBX 78.50 ($0.99), with a volume of 11,241 shares trading hands.

Eleco Trading Up 1.9 %

The firm has a market cap of £65.32 million, a P/E ratio of 2,616.67 and a beta of 0.90. The business’s 50-day moving average is GBX 78.14 and its two-hundred day moving average is GBX 78.44. The company has a debt-to-equity ratio of 6.51, a current ratio of 1.37 and a quick ratio of 1.23.

Insider Activity

In other news, insider Neil Pritchard acquired 20,000 shares of the firm’s stock in a transaction dated Thursday, June 29th. The stock was bought at an average price of GBX 78 ($0.99) per share, with a total value of £15,600 ($19,701.94). Insiders own 51.24% of the company’s stock.

Eleco Company Profile

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 Bidcon, a construction estimating software; IconSystem, a cloud-based collaborative 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 visualiser software.