ECO Animal Health Group (LON:EAH) Stock Price Crosses Above 50-Day Moving Average – Time to Sell?

ECO Animal Health Group plc (LON:EAH) passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 69.98 ($0.88) and traded as high as GBX 74.40 ($0.93). ECO Animal Health Group shares last traded at GBX 74.40 ($0.93), with a volume of 3,437 shares changing hands.

Wall Street Analyst Weigh In

Separately, Shore Capital reiterated a “buy” rating on shares of ECO Animal Health Group in a research report on Friday, November 29th.

ECO Animal Health Group Price Performance

The company has a fifty day simple moving average of GBX 69.98 and a two-hundred day simple moving average of GBX 96.45. The stock has a market capitalization of £50.81 million, a price-to-earnings ratio of 3,750.00 and a beta of -0.05. The company has a debt-to-equity ratio of 4.31, a quick ratio of 2.14 and a current ratio of 2.96.

Insider Buying and Selling

In other ECO Animal Health Group news, insider David Hallas purchased 15,500 shares of the stock in a transaction dated Monday, December 2nd. The stock was bought at an average price of GBX 74 ($0.93) per share, with a total value of £11,470 ($14,378.84). 21.65% of the stock is currently owned by company 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.