Ellomay Capital (NYSEAMERICAN:ELLO) Shares Pass Above 50 Day Moving Average of $0.00

Ellomay Capital Ltd. (NYSEAMERICAN:ELLO) passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $0.00 and traded as high as $14.77. Ellomay Capital shares last traded at $14.50, with a volume of 3,133 shares.

Ellomay Capital Stock Down 2.0 %

The company has a debt-to-equity ratio of 3.16, a quick ratio of 1.06 and a current ratio of 1.06. The firm has a market capitalization of $186.33 million, a PE ratio of 111.55 and a beta of 1.30.

Ellomay Capital (NYSEAMERICAN:ELLO) last announced its quarterly earnings data on Sunday, March 31st. The utilities provider reported ($0.56) earnings per share for the quarter. Ellomay Capital had a net margin of 3.24% and a return on equity of 3.01%. The company had revenue of $9.32 million for the quarter.

Hedge Funds Weigh In On Ellomay Capital

An institutional investor recently raised its position in Ellomay Capital stock. Clal Insurance Enterprises Holdings Ltd lifted its position in Ellomay Capital Ltd. (NYSEAMERICAN:ELLO) by 54.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,512,554 shares of the utilities provider’s stock after acquiring an additional 534,554 shares during the period. Clal Insurance Enterprises Holdings Ltd owned 11.77% of Ellomay Capital worth $22,580,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Hedge funds and other institutional investors own 27.54% of the company’s stock.

About Ellomay Capital

Ellomay Capital Ltd., together with its subsidiaries, engages in the production of renewable and clean energy in Israel, Italy, Spain, and the Netherlands. The company owns seven photovoltaic (PV) plants comprising five PV plants in Spain with an aggregate installed capacity of approximately 35.9 megawatts (MW); one PV plant with a peak capacity of 300 MW in the municipality of Talaván, Spain; and one PV plant in Israel with an installed capacity of approximately 9 MW.