EKF Diagnostics (LON:EKF) Stock Price Breaks Below 200-Day Moving Average – Here’s Why

Shares of EKF Diagnostics Holdings plc (LON:EKF) passed below its 200-day moving average during trading on Friday. The stock has a 200-day moving average of GBX 25.44 and traded as low as GBX 24.80. EKF Diagnostics shares last traded at GBX 26, with a volume of 263,026 shares trading hands.

EKF Diagnostics Stock Up 7.4%

The firm has a 50 day simple moving average of GBX 25.20 and a two-hundred day simple moving average of GBX 25.44. The company has a debt-to-equity ratio of 2.09, a current ratio of 4.72 and a quick ratio of 1.77. The stock has a market cap of £111.27 million, a price-to-earnings ratio of 44.83 and a beta of 0.50.

EKF Diagnostics (LON:EKF) last announced its quarterly earnings results on Tuesday, September 15th. The company reported GBX 0.54 earnings per share for the quarter. EKF Diagnostics had a net margin of 4.86% and a return on equity of 3.58%. As a group, sell-side analysts expect that EKF Diagnostics Holdings plc will post 2.30 EPS for the current year.

EKF Diagnostics Company Profile

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.