Elecosoft PLC (ELCO) Receives Corporate Rating from FinnCap
Elecosoft PLC (LON:ELCO)‘s stock had its “corporate” rating reaffirmed by investment analysts at FinnCap in a research note issued on Wednesday. They currently have a GBX 35 ($0.46) price objective on the stock. FinnCap’s target price points to a potential upside of 32.08% from the stock’s previous close.
Shares of Elecosoft PLC (LON:ELCO) traded up 8.16% during mid-day trading on Wednesday, hitting GBX 26.50. 45,921 shares of the stock traded hands. Elecosoft PLC has a 52 week low of GBX 19.00 and a 52 week high of GBX 36.00. The firm’s 50-day moving average is GBX 23.43 and its 200-day moving average is GBX 22.98. The stock’s market cap is GBX 19.60 million.
The company also recently announced a dividend, which will be paid on Friday, November 4th. Investors of record on Thursday, October 6th will be given a GBX 0.15 ($0.00) dividend. The ex-dividend date is Thursday, October 6th. This represents a yield of 0.57%.
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About Elecosoft PLC
Elecosoft plc, formerly ELECO plc, is a provider of software and related services to the global architectural, engineering and construction industries. The Company provides integrated solutions across the lifecycle of a project. The Company’s solutions for a construction project include Design and Visualization (3D), Scheduling the resources needed to deliver a project (4D), and Estimating and tracking the costs (5D).
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