Electrocomponents (LON:ECM) Stock Price Crosses Above Two Hundred Day Moving Average – Time to Sell?

Electrocomponents plc (LON:ECMGet Free Report)’s share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 1,047 ($13.58) and traded as high as GBX 1,055 ($13.68). Electrocomponents shares last traded at GBX 1,047 ($13.58), with a volume of 804,928 shares traded.

Electrocomponents Stock Performance

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

About Electrocomponents

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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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