Electrocomponents (LON:ECM) Shares Cross Above 200 Day Moving Average – Here’s Why

Electrocomponents plc (LON:ECMGet Free Report) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 1,047 ($13.58) and traded as high as GBX 1,055 ($13.68). Electrocomponents shares last traded at GBX 1,047 ($13.58), with a volume of 804,928 shares.

Electrocomponents Price Performance

The company has a debt-to-equity ratio of 29.34, a quick ratio of 1.17 and a current ratio of 1.91. The stock has a market cap of £4.93 billion and a PE ratio of 26.64. The business has a 50 day moving average price of GBX 1,047 and a two-hundred day moving average price of GBX 1,047.

Electrocomponents Company Profile

(Get Free Report)

Electrocomponents plc, together with its subsidiaries, distributes various electronics and industrial products in the United Kingdom, the United States, France, Germany, Italy, and internationally. It provides industrial interconnect and test, industrial automation and control, board-level electronics, and single-board computing products; and tools, consumables, and facilities maintenance products, such as personal protective equipment, site safety products, and 3D printing products.

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