ECO Animal Health Group (LON:EAH) Share Price Crosses Above Fifty Day Moving Average of $111.05

ECO Animal Health Group plc (LON:EAH)’s stock price passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 111.05 ($1.45) and traded as high as GBX 117 ($1.53). ECO Animal Health Group shares last traded at GBX 115 ($1.50), with a volume of 35,830 shares traded.

Analyst Ratings Changes

Separately, Shore Capital reaffirmed a “buy” rating on shares of ECO Animal Health Group in a report on Tuesday, August 27th.

ECO Animal Health Group Stock Performance

The business’s 50 day simple moving average is GBX 111.05 and its two-hundred day simple moving average is GBX 108.24. The firm has a market capitalization of £74.55 million, a PE ratio of 5,750.00 and a beta of -0.05. The company has a current ratio of 2.96, a quick ratio of 2.14 and a debt-to-equity ratio of 4.31.

Insider Buying and Selling

In other news, insider David Hallas bought 18,181 shares of the stock in a transaction on Friday, August 30th. The shares were bought at an average price of GBX 110 ($1.44) per share, with a total value of £19,999.10 ($26,152.87). 20.97% of the stock is currently owned by corporate insiders.

About ECO Animal Health Group

ECO Animal Health Group plc, together with its subsidiaries, develops, registers, and markets pharmaceutical products for animals worldwide. The company provides Aivlosin, a macrolide antibiotic for the treatment of enteric and respiratory diseases in pigs and poultry. It also offers generic drugs, such as Ecomectin, Ecoheart, Ecotraz, and Ecomintic, which are endectocides and other antiparasitics for the treatment and prevention of parasites, such as worms, ticks, mange, and lices in cattle, sheep, pigs, horses, and dogs; and Chlortetracycline and Oxytetracycline for treatment of bacterial infections in pigs, poultry, and cattle.