Eleco (LON:ELCO – Get Free Report) released its quarterly earnings results on Tuesday. The company reported GBX 5 earnings per share for the quarter, Digital Look Earnings reports. Eleco had a return on equity of 4.16% and a net margin of 3.39%.
Eleco Stock Performance
Eleco stock opened at GBX 228 on Tuesday. Eleco has a 1-year low of GBX 101 and a 1-year high of GBX 230.90. The company has a current ratio of 1.00, a quick ratio of 1.23 and a debt-to-equity ratio of 3.78. The firm has a 50-day moving average of GBX 132.79 and a 200-day moving average of GBX 126.52. The firm has a market cap of £190.33 million, a P/E ratio of 142.50 and a beta of 0.74.
Wall Street Analysts Forecast Growth
Separately, Canaccord Genuity Group cut Eleco to a “hold” rating and raised their price objective for the company from GBX 205 to GBX 235 in a report on Friday. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of GBX 235.
About Eleco
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