ECO Animal Health Group (LON:EAH) Stock Passes Below 200 Day Moving Average – Here’s Why

ECO Animal Health Group plc (LON:EAH)’s share price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 73.56 ($0.95) 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 reaffirmed a “buy” rating on shares of ECO Animal Health Group in a report on Monday, March 3rd.

ECO Animal Health Group Price Performance

The company has a current ratio of 2.96, a quick ratio of 2.14 and a debt-to-equity ratio of 4.81. The stock’s fifty day moving average price is GBX 60.70 and its two-hundred day moving average price is GBX 72.89. The firm has a market capitalization of £40.76 million, a price-to-earnings ratio of 38.88 and a beta of -0.05.

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.