ECO Animal Health Group (LON:EAH) Stock Crosses Below 200-Day Moving Average – Here’s What Happened

ECO Animal Health Group plc (LON:EAH) shares passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 73.56 ($0.96) and traded as low as GBX 57.85 ($0.75). ECO Animal Health Group shares last traded at GBX 57.90 ($0.75), with a volume of 288,461 shares traded.

Analyst Upgrades and Downgrades

Separately, Shore Capital reiterated a “buy” rating on shares of ECO Animal Health Group in a research report on Monday, March 3rd.

ECO Animal Health Group Stock Up 0.7 %

The stock has a market capitalization of £39.23 million, a P/E ratio of 37.43 and a beta of -0.05. The company’s 50-day moving average price is GBX 61.05 and its 200 day moving average price is GBX 73.56. The company has a debt-to-equity ratio of 4.81, a quick ratio of 2.14 and a current ratio of 2.96.

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.