ECO Animal Health Group (LON:EAH) Shares Cross Below Fifty Day Moving Average – Should You Sell?

ECO Animal Health Group plc (LON:EAH)’s stock price passed below its 50 day moving average during trading on Monday. The stock has a 50 day moving average of GBX 98.27 and traded as low as GBX 97. ECO Animal Health Group shares last traded at GBX 98.69, with a volume of 184,345 shares changing hands.

ECO Animal Health Group Trading Up 1.0%

The firm’s 50-day simple moving average is GBX 98.49 and its 200 day simple moving average is GBX 95.55. The stock has a market cap of £66.06 million, a P/E ratio of 31.43 and a beta of 0.70. The company has a current ratio of 3.42, a quick ratio of 2.14 and a debt-to-equity ratio of 5.66.

ECO Animal Health Group (LON:EAH) last issued its quarterly earnings results on Wednesday, July 15th. The company reported GBX 3.26 EPS for the quarter. ECO Animal Health Group had a return on equity of 2.55% and a net margin of 2.50%.

Insider Activity

In other news, insider David Hallas acquired 22,346 shares of the company’s stock in a transaction dated Thursday, July 16th. The shares were bought at an average price of GBX 89 per share, with a total value of £19,887.94. Company insiders own 11.28% of the company’s stock.

ECO Animal Health Group Company Profile

ECO Animal Health is a world leader in animal health, developing and marketing branded veterinary pharmaceuticals globally, with expertise in antibiotics and vaccines for pigs and poultry. We have a maturing proprietary R&D pipeline.

Headquartered in the UK, with global offices including R&D and manufacturing, we have marketing authorisations in over 70 countries and employ over 200 people worldwide.

Our lead product, Aivlosin® is a proprietary, patented medication which is effective against both respiratory and intestinal diseases in pigs and poultry.