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

Ellomay Capital Ltd. (NYSEAMERICAN:ELLO) passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $0.00 and traded as high as $15.02. Ellomay Capital shares last traded at $14.92, with a volume of 2,237 shares changing hands.

Ellomay Capital Stock Up 2.8 %

The company has a debt-to-equity ratio of 3.16, a quick ratio of 1.04 and a current ratio of 1.06. The firm has a market cap of $191.72 million, a PE ratio of 114.78 and a beta of 1.30.

Hedge Funds Weigh In On Ellomay Capital

A number of institutional investors have recently added to or reduced their stakes in ELLO. UBS Group AG increased its holdings in Ellomay Capital by 20,486.8% during the first quarter. UBS Group AG now owns 18,734 shares of the utilities provider’s stock worth $476,000 after buying an additional 18,643 shares during the last quarter. Yelin Lapidot Holdings Management Ltd. bought a new position in Ellomay Capital during the third quarter worth $1,711,000. Finally, Clal Insurance Enterprises Holdings Ltd boosted its position in Ellomay Capital by 54.7% during the fourth quarter. Clal Insurance Enterprises Holdings Ltd now owns 1,512,554 shares of the utilities provider’s stock worth $22,580,000 after purchasing an additional 534,554 shares during the period. 27.54% of the stock is currently owned by institutional investors and hedge funds.

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.