Electrocomponents (LON:ECM) Stock Passes Above 200 Day Moving Average – What’s Next?

Shares of Electrocomponents plc (LON:ECMGet Free Report) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 1,047 ($13.16) and traded as high as GBX 1,055 ($13.26). Electrocomponents shares last traded at GBX 1,047 ($13.16), with a volume of 804,928 shares traded.

Electrocomponents Stock Down 0.8 %

The firm has a 50-day moving average price of GBX 1,047 and a two-hundred day moving average price of GBX 1,047. The company has a market capitalization of £4.93 billion and a P/E ratio of 26.64. The company has a quick ratio of 1.17, a current ratio of 1.91 and a debt-to-equity ratio of 29.34.

About Electrocomponents

(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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