Eleco (LON:ELCO) Share Price Passes Above Fifty Day Moving Average of $92.83

Eleco Plc (LON:ELCO) passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 92.83 ($1.17) and traded as high as GBX 107.80 ($1.35). Eleco shares last traded at GBX 105 ($1.32), with a volume of 162,687 shares changing hands.

Eleco Price Performance

The company’s fifty day moving average is GBX 92.83 and its two-hundred day moving average is GBX 87.98. The firm has a market capitalization of £87.37 million, a price-to-earnings ratio of 3,500.00 and a beta of 0.82. The company has a quick ratio of 1.23, a current ratio of 1.10 and a debt-to-equity ratio of 5.34.

Eleco Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, June 28th. Investors of record on Thursday, June 13th will be issued a GBX 0.55 ($0.01) dividend. This is a positive change from Eleco’s previous dividend of $0.25. This represents a yield of 0.57%. The ex-dividend date is Thursday, June 13th. Eleco’s dividend payout ratio is currently 3,333.33%.

About Eleco

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.