ECO Animal Health Group (LON:EAH) Share Price Crosses Above Fifty Day Moving Average – Should You Sell?

ECO Animal Health Group plc (LON:EAH)’s share price crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 59.93 ($0.77) and traded as high as GBX 60 ($0.78). ECO Animal Health Group shares last traded at GBX 55 ($0.71), with a volume of 26,905 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Shore Capital restated a “buy” rating on shares of ECO Animal Health Group in a research report on Monday, March 24th.

ECO Animal Health Group Stock Performance

The stock has a market cap of £37.27 million, a P/E ratio of 35.55 and a beta of -0.05. The stock has a fifty day simple moving average of GBX 59.93 and a 200-day simple moving average of GBX 70.10. The company has a quick ratio of 2.14, a current ratio of 2.96 and a debt-to-equity ratio of 4.81.

About ECO Animal Health Group

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.