EKF Diagnostics (LON:EKF) Stock Price Passes Below Two Hundred Day Moving Average – What’s Next?

EKF Diagnostics Holdings plc (LON:EKFGet Free Report)’s share price passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 25.66 and traded as low as GBX 25.20. EKF Diagnostics shares last traded at GBX 26, with a volume of 46,083 shares changing hands.

Analysts Set New Price Targets

Separately, Stifel Nicolaus reiterated a “buy” rating and issued a GBX 35 price objective on shares of EKF Diagnostics in a research report on Wednesday, April 22nd. One analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of GBX 35.

Check Out Our Latest Analysis on EKF Diagnostics

EKF Diagnostics Price Performance

The company’s fifty day moving average is GBX 26.18 and its two-hundred day moving average is GBX 25.66. The firm has a market capitalization of £110.58 million, a price-to-earnings ratio of 54.68 and a beta of 0.51. The company has a quick ratio of 1.77, a current ratio of 4.16 and a debt-to-equity ratio of 2.01.

About EKF Diagnostics

(Get Free Report)

EKF is an AIM-listed global diagnostics business focussed on:

● Point-of-Care analysers in the key areas of Hematology and Diabetes

● Life Sciences services provide specialist manufacture of enzymes and custom products for use in diagnostic, food and industrial applications.

EKF has headquarters in Penarth (near Cardiff) and operates five manufacturing sites across the US and Germany, selling into over 120 countries world-wide.

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