Electrocomponents (LON:ECM) Share Price Passes Above 200 Day Moving Average – Should You Sell?

Electrocomponents plc (LON:ECMGet Free Report)’s stock price passed 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 trading hands.

Electrocomponents Price Performance

The stock has a market cap of £4.93 billion and a P/E ratio of 26.64. The business has a 50 day simple moving average of GBX 1,047 and a 200-day simple moving average of GBX 1,047. The company has a debt-to-equity ratio of 29.34, a quick ratio of 1.17 and a current ratio of 1.91.

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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