ECO Animal Health Group (LON:EAH) Stock Passes Below 50 Day Moving Average – Here’s Why

ECO Animal Health Group plc (LON:EAHGet Free Report) shares passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 96.22 and traded as low as GBX 96.02. ECO Animal Health Group shares last traded at GBX 96.02, with a volume of 18,240 shares trading hands.

Wall Street Analyst Weigh In

Separately, Shore Capital Group reaffirmed a “buy” rating on shares of ECO Animal Health Group in a research note on Wednesday, March 11th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has an average rating of “Buy” and an average target price of GBX 160.

Read Our Latest Analysis on EAH

ECO Animal Health Group Stock Down 1.0%

The company has a debt-to-equity ratio of 5.97, a current ratio of 3.73 and a quick ratio of 2.14. The stock has a market cap of £64.42 million, a PE ratio of 21.87 and a beta of 0.01. The business has a fifty day moving average of GBX 96.22 and a 200-day moving average of GBX 100.32.

About ECO Animal Health Group

(Get Free Report)

ECO Animal Health is a world leader in animal health, developing and marketing branded veterinary pharmaceuticals globally, with expertise in antibiotics and vaccines for pigs and poultry. We have a maturing proprietary R&D pipeline.

Headquartered in the UK, with global offices including R&D and manufacturing, we have marketing authorisations in over 70 countries and employ over 200 people worldwide.

Our lead product, Aivlosin® is a proprietary, patented medication which is effective against both respiratory and intestinal diseases in pigs and poultry.

Further Reading

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