Shares of Ellomay Capital Ltd. (NYSEAMERICAN:ELLO - Get Free Report) crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $0.00 and traded as high as $13.72. Ellomay Capital shares last traded at $13.00, with a volume of 9,380 shares changing hands.
Ellomay Capital Trading Down 1.3 %
The company has a current ratio of 0.87, a quick ratio of 0.87 and a debt-to-equity ratio of 3.28. The stock has a market capitalization of $167.56 million, a price-to-earnings ratio of -23.71 and a beta of 1.26.
Ellomay Capital (NYSEAMERICAN:ELLO - Get Free Report) last released its quarterly earnings results on Monday, September 30th. The utilities provider reported $0.03 earnings per share for the quarter. Ellomay Capital had a negative return on equity of 2.32% and a negative net margin of 11.10%. The firm had revenue of $12.07 million during the quarter.
Hedge Funds Weigh In On Ellomay Capital
A hedge fund recently raised its stake in Ellomay Capital stock. Y.D. More Investments Ltd increased its stake in Ellomay Capital Ltd. (NYSEAMERICAN:ELLO - Free Report) by 1,688.1% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 20,849 shares of the utilities provider's stock after acquiring an additional 19,683 shares during the quarter. Y.D. More Investments Ltd owned approximately 0.16% of Ellomay Capital worth $244,000 at the end of the most recent quarter. 27.54% of the stock is owned by institutional investors and hedge funds.
About Ellomay Capital
(
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Ellomay Capital Ltd., together with its subsidiaries, engages in the initiation, development, construction, and production of renewable and clean energy projects in Spain, the United States, Italy, the Netherlands, and Israel. The company owns photovoltaic (PV) plants comprising five PV plants in Spain with an aggregate installed capacity of approximately 35.9 megawatts (MW); and one PV plant with an installed capacity of 300 MW in the municipality of Talaván, Spain.
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