Elecosoft PLC (ELCO) Given Corporate Rating at FinnCap
Elecosoft PLC (LON:ELCO)‘s stock had its “corporate” rating reaffirmed by equities research analysts at FinnCap in a research report issued to clients and investors on Monday. They currently have a GBX 35 ($0.43) price objective on the stock. FinnCap’s price objective indicates a potential upside of 22.81% from the stock’s current price.
Shares of Elecosoft PLC (LON:ELCO) traded up 4.59% during trading on Monday, reaching GBX 28.50. 192,230 shares of the company traded hands. The firm’s 50 day moving average is GBX 26.25 and its 200-day moving average is GBX 23.65. The stock’s market capitalization is GBX 21.08 million. Elecosoft PLC has a 12-month low of GBX 19.00 and a 12-month high of GBX 36.00.
The firm also recently declared a dividend, which will be paid on Friday, November 4th. Shareholders of record on Thursday, October 6th will be paid a GBX 0.15 ($0.00) dividend. This represents a yield of 0.57%. The ex-dividend date of this dividend is Thursday, October 6th.
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Elecosoft PLC Company Profile
Elecosoft plc, formerly ELECO plc, is a United Kingdom-based company, which is involved in the sale of software licenses, software maintenance and support and related services. The Company, through its digital marketing software, provides digital construction solutions that address the major parts of a construction project.
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