ECO Animal Health Group (LON:EAH) Share Price Crosses Below 200 Day Moving Average – Should You Sell?

ECO Animal Health Group plc (LON:EAH)’s share price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 98.24 and traded as low as GBX 91. ECO Animal Health Group shares last traded at GBX 94, with a volume of 29,653 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Shore Capital Group reiterated a “buy” rating on shares of ECO Animal Health Group in a research report on Wednesday, March 11th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price of GBX 160.

ECO Animal Health Group Stock Performance

The company has a market cap of £63.06 million, a price-to-earnings ratio of 21.41 and a beta of -0.05. The company has a fifty day moving average of GBX 103.07 and a two-hundred day moving average of GBX 98.37. The company has a debt-to-equity ratio of 5.97, a quick ratio of 2.14 and a current ratio of 3.73.

ECO Animal Health Group Company Profile

ECO Animal Health is a world leader in animal health, developing and marketing branded veterinary pharmaceuticals globally, with expertise in antibiotics and vaccines for pigs and poultry. We have a maturing proprietary R&D pipeline.

Headquartered in the UK, with global offices including R&D and manufacturing, we have marketing authorisations in over 70 countries and employ over 200 people worldwide.

Our lead product, Aivlosin® is a proprietary, patented medication which is effective against both respiratory and intestinal diseases in pigs and poultry.