ECO Animal Health Group (LON:EAH) Stock Price Passes Above 50 Day Moving Average – What’s Next?

ECO Animal Health Group plc (LON:EAH) shares passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 57.77 ($0.77) and traded as high as GBX 65 ($0.87). ECO Animal Health Group shares last traded at GBX 62.43 ($0.83), with a volume of 618,177 shares changing hands.

Analysts Set New Price Targets

Separately, Shore Capital reiterated a “buy” rating on shares of ECO Animal Health Group in a report on Thursday, April 24th.

ECO Animal Health Group Trading Down 2.7%

The company has a debt-to-equity ratio of 4.81, a current ratio of 2.96 and a quick ratio of 2.14. The firm has a fifty day simple moving average of GBX 57.77 and a 200-day simple moving average of GBX 63.34. The firm has a market cap of £41.20 million, a P/E ratio of 39.30 and a beta of -0.05.

Insider Transactions at ECO Animal Health Group

In other ECO Animal Health Group news, insider David Hallas acquired 29,962 shares of ECO Animal Health Group stock in a transaction dated Friday, April 25th. The stock was purchased at an average cost of GBX 67 ($0.89) per share, for a total transaction of £20,074.54 ($26,716.18). 21.65% of the stock is owned by insiders.

ECO Animal Health Group Company Profile

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.