Eleco (LON:ELCO) Issues Quarterly Earnings Results

Eleco (LON:ELCOGet Free Report) posted its earnings results 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 Stock Performance

Shares of LON ELCO opened at GBX 230.04 on Wednesday. The business has a fifty day simple moving average of GBX 134.99 and a 200 day simple moving average of GBX 127.13. 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 market capitalization of £192.04 million, a price-to-earnings ratio of 143.77 and a beta of 0.74. Eleco has a one year low of GBX 101 and a one year high of GBX 230.90.

Analysts Set New Price Targets

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

Read Our Latest Research Report on Eleco

About Eleco

(Get Free Report)

Read More

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.