Electrocomponents (LON:ECM) Shares Cross Above 200-Day Moving Average – Time to Sell?

Electrocomponents plc (LON:ECMGet Free Report) passed 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 changing hands.

Electrocomponents Stock Performance

The company has a quick ratio of 1.17, a current ratio of 1.91 and a debt-to-equity ratio of 29.34. The firm has a 50-day moving average price of GBX 1,047 and a 200 day moving average price of GBX 1,047. The firm has a market capitalization of £4.93 billion and a PE ratio of 26.64.

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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