Eleco (LON:ELCO) Releases Earnings Results

Eleco (LON:ELCOGet Free Report) released its 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

LON:ELCO opened at GBX 230 on Wednesday. The company has a current ratio of 1.00, a quick ratio of 1.23 and a debt-to-equity ratio of 3.78. Eleco has a 12 month low of GBX 101 and a 12 month high of GBX 230.90. The company has a 50-day moving average price of GBX 134.99 and a 200-day moving average price of GBX 127.13. The stock has a market cap of £192.00 million, a price-to-earnings ratio of 143.75 and a beta of 0.74.

Analyst Ratings Changes

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

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