Eleco (LON:ELCO – Get Free Report) announced its earnings results 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 LON ELCO opened at GBX 229.33 on Thursday. The stock’s 50-day simple moving average is GBX 137.19 and its 200-day simple moving average is GBX 127.73. The firm has a market capitalization of £191.44 million, a PE ratio of 143.33 and a beta of 0.74. Eleco has a fifty-two week low of GBX 101 and a fifty-two week high of GBX 231. The company has a debt-to-equity ratio of 2.54, a quick ratio of 1.23 and a current ratio of 0.97.
Analysts Set New Price Targets
Separately, Canaccord Genuity Group cut Eleco to a “hold” rating and increased their price objective for the company from GBX 205 to GBX 235 in a research note on Friday, September 11th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of GBX 235.
About Eleco
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