Ellomay Capital (NYSEAMERICAN:ELLO) Stock Crosses Above 50-Day Moving Average of $0.00

Ellomay Capital Ltd. (NYSEAMERICAN:ELLO)’s share price crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $0.00 and traded as high as $11.55. Ellomay Capital shares last traded at $11.55, with a volume of 221 shares.

Ellomay Capital Stock Down 3.3 %

The company has a market capitalization of $148.42 million, a price-to-earnings ratio of -24.57 and a beta of 1.26. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 3.16.

Ellomay Capital (NYSEAMERICAN:ELLO) last posted its quarterly earnings data on Sunday, June 30th. The utilities provider reported ($0.34) earnings per share for the quarter. The company had revenue of $8.91 million during the quarter. Ellomay Capital had a negative return on equity of 2.67% and a negative net margin of 12.19%.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Ellomay Capital stock. Y.D. More Investments Ltd grew its holdings in shares of Ellomay Capital Ltd. (NYSEAMERICAN:ELLO) by 1,688.1% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 20,849 shares of the utilities provider’s stock after acquiring an additional 19,683 shares during the quarter. Y.D. More Investments Ltd owned 0.16% of Ellomay Capital worth $244,000 at the end of the most recent quarter. 27.54% of the stock is owned by institutional investors.

Ellomay Capital Company Profile

Ellomay Capital Ltd., together with its subsidiaries, engages in the initiation, development, construction, and production of renewable and clean energy projects in Spain, the United States, Italy, the Netherlands, and Israel. The company owns photovoltaic (PV) plants comprising five PV plants in Spain with an aggregate installed capacity of approximately 35.9 megawatts (MW); and one PV plant with an installed capacity of 300 MW in the municipality of Talaván, Spain.