Eleco (LON:ELCO) Stock Price Crosses Above 50-Day Moving Average - Time to Sell?

Eleco Plc (LON:ELCO - Get Free Report) shares passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 134.73 ($1.70) and traded as high as GBX 138.45 ($1.75). Eleco shares last traded at GBX 137 ($1.73), with a volume of 17,936 shares trading hands.

Eleco Stock Up 5.1 %

The firm has a 50-day moving average price of GBX 134.87 and a two-hundred day moving average price of GBX 125.07. The company has a quick ratio of 1.23, a current ratio of 1.01 and a debt-to-equity ratio of 4.79. The company has a market capitalization of £118.56 million, a P/E ratio of 3,522.60 and a beta of 0.82.

Eleco Cuts Dividend

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

About Eleco

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.