ECO Animal Health Group (LON:EAH) Share Price Crosses Below Two Hundred Day Moving Average – Here’s Why

ECO Animal Health Group plc (LON:EAH)’s stock price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 95.58 and traded as low as GBX 95.15. ECO Animal Health Group shares last traded at GBX 96.43, with a volume of 59,340 shares.

ECO Animal Health Group Price Performance

The firm has a fifty day simple moving average of GBX 97.11 and a 200 day simple moving average of GBX 95.58. The company has a market capitalization of £64.35 million, a PE ratio of 30.61 and a beta of 0.70. The company has a debt-to-equity ratio of 5.66, a quick ratio of 2.14 and a current ratio of 3.42.

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

Insider Buying and Selling at ECO Animal Health Group

In other ECO Animal Health Group news, insider David Hallas acquired 22,346 shares of the stock in a transaction that occurred on Thursday, July 16th. The stock was bought at an average cost of GBX 89 per share, with a total value of £19,887.94. 11.28% of the stock is owned by insiders.

ECO Animal Health Group Company Profile

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.