ECO Animal Health Group (LON:EAH) Stock Price Up 10.4% – Still a Buy?

ECO Animal Health Group plc (LON:EAH) shares shot up 10.4% on Friday . The company traded as high as GBX 101 and last traded at GBX 101. 318,726 shares were traded during mid-day trading, an increase of 263% from the average daily volume of 87,745 shares. The stock had previously closed at GBX 91.50.

ECO Animal Health Group Stock Performance

The company has a debt-to-equity ratio of 5.66, a quick ratio of 2.14 and a current ratio of 3.42. The stock has a market cap of £67.76 million, a PE ratio of 23.01 and a beta of 0.00. The company’s 50-day moving average price is GBX 91.59 and its two-hundred day moving average price is GBX 97.96.

ECO Animal Health Group (LON:EAH) last announced its earnings results on Wednesday, July 15th. The company reported GBX 3.26 earnings per share (EPS) for the quarter. ECO Animal Health Group had a net margin of 2.50% and a return on equity of 2.55%.

Insider Activity at ECO Animal Health Group

In other news, insider David Hallas acquired 22,346 shares of the firm’s stock in a transaction that occurred on Thursday, July 16th. The shares were bought at an average cost of GBX 89 per share, with a total value of £19,887.94. Company insiders own 11.17% of the company’s stock.

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.