Ellomay Capital (NYSEAMERICAN:ELLO) Stock Price Passes Above 50 Day Moving Average of $0.00

Ellomay Capital Ltd. (NYSEAMERICAN:ELLO)’s stock price crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $0.00 and traded as high as $14.79. Ellomay Capital shares last traded at $14.55, with a volume of 2,530 shares trading hands.

Ellomay Capital Trading Up 1.0 %

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 cap of $186.97 million, a price-to-earnings ratio of 111.93 and a beta of 1.30.

Ellomay Capital (NYSEAMERICAN:ELLO) last posted its earnings results 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 business had revenue of $9.32 million for the quarter.

Institutional Investors Weigh In On Ellomay Capital

A hedge fund recently bought a new stake in Ellomay Capital stock. Yelin Lapidot Holdings Management Ltd. purchased a new position in shares of Ellomay Capital Ltd. (NYSEAMERICAN:ELLO) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 110,265 shares of the utilities provider’s stock, valued at approximately $1,711,000. Yelin Lapidot Holdings Management Ltd. owned about 0.86% of Ellomay Capital at the end of the most recent reporting period. 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.