Elecosoft (LON:ELCO) Shares Pass Below 50 Day Moving Average of $81.33
Shares of Elecosoft PLC (LON:ELCO) passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $81.33 and traded as low as $77.36. Elecosoft shares last traded at $77.50, with a volume of 15,508 shares.
Separately, FinnCap restated a “corporate” rating on shares of Elecosoft in a research report on Tuesday, July 14th.
The business’s 50-day moving average price is GBX 81.33 and its 200-day moving average price is GBX 74.60. The company has a quick ratio of 0.95, a current ratio of 0.98 and a debt-to-equity ratio of 46.78. The firm has a market capitalization of $64.58 million and a PE ratio of 23.79.
Elecosoft plc provides software and related services to the architectural, engineering, construction, and owner/operator industries in the United Kingdom, Scandinavia, Germany, rest of Europe, the United States, and internationally. The company offers project management software under the Powerproject brand; cost estimating software under the Bidcon brand; CAD/design software solutions under the Arcon Evo and o2c brands; Interiormarket, an industry-specific and modular marketing solution; engineering software solutions under the Staircon and Statcon brands, as well as under the Framing name; and information management solutions under IconSystem and MarketingManager brands.
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