Eleco (LON:ELCO) Posts Earnings Results

Eleco (LON:ELCOGet Free Report) issued its quarterly earnings data on Tuesday. The company reported GBX 5 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Eleco had a net margin of 3.39% and a return on equity of 4.16%.

Eleco Trading Down 0.3%

LON:ELCO traded down GBX 0.69 on Wednesday, reaching GBX 229.31. 73,542 shares of the company’s stock were exchanged, compared to its average volume of 219,234. The business has a fifty day moving average of GBX 134.99 and a 200-day moving average of GBX 127.13. The company has a quick ratio of 1.23, a current ratio of 1.00 and a debt-to-equity ratio of 3.78. Eleco has a 52-week low of GBX 101 and a 52-week high of GBX 230.90. The firm has a market capitalization of £191.43 million, a price-to-earnings ratio of 143.32 and a beta of 0.74.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group cut Eleco to a “hold” rating and boosted their price target for the stock from GBX 205 to GBX 235 in a report on Friday, September 11th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of GBX 235.

Get Our Latest Stock Report on ELCO

Eleco Company Profile

(Get Free Report)

Featured Articles

Receive News & Ratings for Eleco Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Eleco and related companies with MarketBeat.com's FREE daily email newsletter.