Eleco Plc (LON:ELCO – Get Free Report) shares crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 145.47 and traded as low as GBX 132.45. Eleco shares last traded at GBX 132.45, with a volume of 24,593 shares traded.
Analyst Upgrades and Downgrades
Separately, Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 176 target price on shares of Eleco in a research report on Tuesday, September 16th. One research analyst has rated the stock with a Buy rating, According to MarketBeat.com, Eleco presently has a consensus rating of “Buy” and an average price target of GBX 176.
Get Our Latest Research Report on Eleco
Eleco Price Performance
Eleco (LON:ELCO – Get Free Report) last issued its quarterly earnings results on Tuesday, September 16th. The company reported GBX 2 earnings per share for the quarter. Eleco had a return on equity of 10.50% and a net margin of 9.46%. Equities research analysts forecast that Eleco Plc will post 6 EPS for the current fiscal year.
Eleco Company Profile
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