EKF Diagnostics (LON:EKF) Stock Price Crosses Below 200-Day Moving Average – Here’s Why

EKF Diagnostics Holdings plc (LON:EKF)’s stock price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 27.22 and traded as low as GBX 26. EKF Diagnostics shares last traded at GBX 26.50, with a volume of 275,522 shares trading hands.

EKF Diagnostics Stock Up 0.4%

The firm has a market cap of £115.01 million, a PE ratio of 19.63 and a beta of 0.57. The firm has a 50 day moving average price of GBX 25.08 and a 200-day moving average price of GBX 27.22. The company has a current ratio of 4.60, a quick ratio of 1.77 and a debt-to-equity ratio of 0.34.

Insiders Place Their Bets

In other news, insider Julian Baines acquired 85,000 shares of the stock in a transaction on Monday, December 15th. The stock was bought at an average price of GBX 23 per share, with a total value of £19,550. 39.62% of the stock is currently owned by corporate insiders.

About EKF Diagnostics

EKF is an AIM-listed global diagnostics business focussed on:

● Point-of-Care analysers in the key areas of Hematology and Diabetes

● Life Sciences services provide specialist manufacture of enzymes and custom products for use in diagnostic, food and industrial applications.

EKF has headquarters in Penarth (near Cardiff) and operates five manufacturing sites across the US and Germany, selling into over 120 countries world-wide.