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

ECO Animal Health Group plc (LON:EAH)’s share price crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 91.59 and traded as high as GBX 93. ECO Animal Health Group shares last traded at GBX 91.58, with a volume of 552,707 shares trading hands.

ECO Animal Health Group Stock Performance

The company has a debt-to-equity ratio of 5.66, a quick ratio of 2.14 and a current ratio of 3.42. The company has a market cap of £61.58 million, a PE ratio of 20.91 and a beta of 0.00. The company’s 50 day moving average price is GBX 91.59 and its 200-day moving average price is GBX 97.96.

ECO Animal Health Group (LON:EAH) last posted its quarterly earnings data on Wednesday, July 15th. The company reported GBX 3.26 EPS for the quarter. ECO Animal Health Group had a return on equity of 2.55% and a net margin of 2.50%.

Insider Activity at ECO Animal Health Group

In other news, insider David Hallas purchased 22,346 shares of the company’s stock in a transaction dated Thursday, July 16th. The shares were purchased at an average price of GBX 89 per share, with a total value of £19,887.94. 11.17% of the stock is owned by corporate insiders.

About ECO Animal Health Group

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.