Electrocomponents plc (LON:ECM) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $619.79 and traded as high as $632.60. Electrocomponents shares last traded at $632.40, with a volume of 1,017,081 shares traded.
A number of equities research analysts have recently commented on the company. Shore Capital reaffirmed a “sell” rating on shares of Electrocomponents in a research report on Thursday, November 14th. UBS Group reaffirmed a “buy” rating on shares of Electrocomponents in a research report on Friday, November 8th. JPMorgan Chase & Co. dropped their price target on Electrocomponents from GBX 661 ($8.64) to GBX 651 ($8.51) and set a “neutral” rating on the stock in a research report on Wednesday, November 13th. Barclays raised their price target on Electrocomponents from GBX 640 ($8.36) to GBX 646 ($8.44) and gave the stock an “equal weight” rating in a research report on Thursday, November 14th. Finally, Liberum Capital reaffirmed a “buy” rating and set a GBX 810 ($10.58) price target on shares of Electrocomponents in a research report on Tuesday, November 12th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and five have given a buy rating to the company’s stock. Electrocomponents currently has a consensus rating of “Hold” and a consensus target price of GBX 686.89 ($8.98).
The stock has a 50-day moving average of GBX 658.47 and a 200-day moving average of GBX 619.79. The firm has a market cap of $2.84 billion and a price-to-earnings ratio of 19.34. The company has a debt-to-equity ratio of 47.89, a quick ratio of 0.83 and a current ratio of 1.55.
The company also recently announced a dividend, which will be paid on Wednesday, January 8th. Investors of record on Thursday, November 28th will be given a GBX 5.90 ($0.08) dividend. This represents a yield of 0.94%. The ex-dividend date of this dividend is Thursday, November 28th. Electrocomponents’s dividend payout ratio is presently 0.46%.
Electrocomponents Company Profile (LON:ECM)
Electrocomponents plc, together with its subsidiaries, distributes various electronics and industrial products in Northern Europe, Southern Europe, Central Europe, the Asia Pacific, and the Americas. The company distributes semiconductor products, including microcontrollers, voltage regulators, transistors, and diodes; and interconnectors, passives, and electromechanical components, such as resistors, switches, and heavy-duty connectors for industrial applications and power supplies.
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