Eleco (LON:ELCO) Stock Price Crosses Above 50 Day Moving Average of $96.21

Eleco Plc (LON:ELCOGet Rating) crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 96.21 ($1.25) and traded as high as GBX 101.44 ($1.32). Eleco shares last traded at GBX 99 ($1.29), with a volume of 6,605 shares.

The company has a market capitalization of £82.32 million and a P/E ratio of 23.57. The stock has a 50 day moving average price of GBX 96.21 and a 200 day moving average price of GBX 100.01. The company has a debt-to-equity ratio of 24.94, a quick ratio of 1.22 and a current ratio of 1.22.

The business also recently announced a dividend, which will be paid on Monday, June 20th. Stockholders of record on Wednesday, June 1st will be paid a GBX 0.40 ($0.01) dividend. This is a boost from Eleco’s previous dividend of $0.20. This represents a dividend yield of 0.41%. The ex-dividend date is Wednesday, June 1st. Eleco’s dividend payout ratio is currently 0.14%.

About Eleco (LON:ELCO)

Eleco Plc provides software and related services in the United Kingdom, Scandinavia, Germany, the rest of Europe, the United States, and internationally. The company offers CAD architecture software under the Arcon Evo, Staircon, o2c names; construction cost estimation software under the Bidcon name; building information management solution under the IconSystem name; interior room configuration software under the Interiorstudio name; product information management and digital asset management solutions under the MarketingManager name; and Materialo, a flooring visualizer software.

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