Eleco (LON:ELCO) Posts Earnings Results

Eleco (LON:ELCOGet Free Report) posted 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 3.39% and a return on equity of 4.16%.

Eleco Stock Down 0.4%

Shares of LON:ELCO opened at GBX 228 on Tuesday. The company has a current ratio of 1.00, a quick ratio of 1.23 and a debt-to-equity ratio of 3.78. Eleco has a 12-month low of GBX 101 and a 12-month high of GBX 230.90. The stock has a market capitalization of £190.33 million, a price-to-earnings ratio of 142.50 and a beta of 0.74. The stock has a fifty day simple moving average of GBX 132.79 and a two-hundred day simple moving average of GBX 126.52.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group downgraded Eleco to a “hold” rating and upped their price target for the stock from GBX 205 to GBX 235 in a research report on Friday. One investment analyst has rated the stock with a Hold rating, According to MarketBeat.com, Eleco has a consensus rating of “Hold” and an average target price of GBX 235.

Check Out Our Latest Report on ELCO

Eleco Company Profile

(Get Free Report)

Recommended Stories

Receive News & Ratings for Eleco Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Eleco and related companies with MarketBeat.com's FREE daily email newsletter.