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Eleco (LON:ELCO) Shares Cross Above 50-Day Moving Average - Should You Sell?

Eleco logo with Computer and Technology background

Eleco Plc (LON:ELCO - Get Free Report)'s share price crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 134.24 ($1.75) and traded as high as GBX 137.96 ($1.80). Eleco shares last traded at GBX 136.04 ($1.77), with a volume of 24,152 shares traded.

Eleco Stock Performance

The company has a market cap of £114.46 million, a price-to-earnings ratio of 3,474.90 and a beta of 0.82. The company has a debt-to-equity ratio of 4.79, a current ratio of 1.01 and a quick ratio of 1.23. The firm has a fifty day simple moving average of GBX 134.33 and a 200 day simple moving average of GBX 122.45.

Eleco Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, October 4th. Investors of record on Thursday, September 19th were paid a GBX 0.30 ($0.00) dividend. The ex-dividend date was Thursday, September 19th. This represents a yield of 0.22%. Eleco's payout ratio is presently 2,500.00%.

Eleco Company Profile

(Get Free Report)

Eleco Plc provides software and related services in the United Kingdom, Scandinavia, Germany, the rest of Europe, the United States, and internationally. The company offers Bidcon, a construction estimating software; IconSystem, a cloud-based collaborative information management software to record, specify, design, and manage building data; Interiorstudio, a room configuration and visualization interior design software; MarketingManager, which combines product information management and digital asset management to create an effective central database; and Materialo, a flooring visualiser software.

See Also

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