Electrocomponents (LON:ECM) Stock Crosses Above Two Hundred Day Moving Average – What’s Next?

Electrocomponents plc (LON:ECM)’s share price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 1,047 ($13.16) and traded as high as GBX 1,055 ($13.26). Electrocomponents shares last traded at GBX 1,047 ($13.16), with a volume of 804,928 shares changing hands.

Electrocomponents Stock Down 0.8 %

The business’s fifty day moving average price is GBX 1,047 and its 200 day moving average price is GBX 1,047. The company has a quick ratio of 1.17, a current ratio of 1.91 and a debt-to-equity ratio of 29.34. The firm has a market capitalization of £4.93 billion and a PE ratio of 26.64.

Electrocomponents Company Profile

Electrocomponents plc, together with its subsidiaries, distributes various electronics and industrial products in the United Kingdom, the United States, France, Germany, Italy, and internationally. It provides industrial interconnect and test, industrial automation and control, board-level electronics, and single-board computing products; and tools, consumables, and facilities maintenance products, such as personal protective equipment, site safety products, and 3D printing products.