ECO Animal Health Group (LON:EAH) Share Price Crosses Below Two Hundred Day Moving Average – Here’s What Happened

ECO Animal Health Group plc (LON:EAH) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 99.49 and traded as low as GBX 96. ECO Animal Health Group shares last traded at GBX 97.35, with a volume of 45,945 shares.

Wall Street Analyst Weigh In

Separately, Shore Capital Group reissued a “buy” rating on shares of ECO Animal Health Group in a report on Wednesday, March 11th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, ECO Animal Health Group has an average rating of “Buy” and a consensus price target of GBX 160.

ECO Animal Health Group Price Performance

The firm has a market cap of £65.31 million, a PE ratio of 22.18 and a beta of 0.05. The company has a debt-to-equity ratio of 5.97, a quick ratio of 2.14 and a current ratio of 3.73. The stock’s fifty day moving average price is GBX 96.28 and its 200-day moving average price is GBX 99.49.

About ECO Animal Health Group

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.