Eleco (LON:ELCO) Stock Price Passes Above 50 Day Moving Average of $109.21

Eleco Plc (LON:ELCO) passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 109.21 ($1.40) and traded as high as GBX 112 ($1.43). Eleco shares last traded at GBX 111.50 ($1.43), with a volume of 60,945 shares changing hands.

Eleco Trading Up 1.8 %

The company has a debt-to-equity ratio of 5.34, a quick ratio of 1.23 and a current ratio of 1.07. The business has a fifty day simple moving average of GBX 109.21 and a 200 day simple moving average of GBX 97.35. The stock has a market capitalization of £91.76 million, a price-to-earnings ratio of 3,716.67 and a beta of 0.80.

Eleco Increases Dividend

The business also recently announced a dividend, which was paid on Friday, June 28th. Stockholders of record on Thursday, June 13th were issued a dividend of GBX 0.55 ($0.01) per share. This is a positive change from Eleco’s previous dividend of $0.25. This represents a dividend yield of 0.57%. The ex-dividend date was Thursday, June 13th. Eleco’s dividend payout ratio is 3,333.33%.

About Eleco

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 Bidcon, a construction estimating software; IconSystem, a cloud-based collaborative information management software to record, specify, design, and manage building data; Interiorstudio, a room configuration and visualization interior design software; MarketingManager, which combines product information management and digital asset management to create an effective central database; and Materialo, a flooring visualiser software.