Eleco (LON:ELCO – Get Free Report) released its quarterly earnings data on Tuesday. The company reported GBX 5 earnings per share for the quarter, Digital Look Earnings reports. Eleco had a net margin of 9.47% and a return on equity of 11.31%.
Eleco Price Performance
Shares of Eleco stock traded up GBX 0.50 on Friday, reaching GBX 230. The stock had a trading volume of 900,111 shares, compared to its average volume of 230,121. The business’s 50 day moving average is GBX 141.73 and its two-hundred day moving average is GBX 129.04. The company has a current ratio of 0.97, a quick ratio of 1.23 and a debt-to-equity ratio of 2.54. The company has a market cap of £192.00 million, a P/E ratio of 143.75 and a beta of 0.74. Eleco has a 1 year low of GBX 101 and a 1 year high of GBX 231.
Analysts Set New Price Targets
Separately, Canaccord Genuity Group downgraded Eleco to a “hold” rating and increased their price target for the company from GBX 205 to GBX 235 in a research report on Friday, September 11th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of GBX 235.
About Eleco
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