Elecosoft (ELCO) Given “Corporate” Rating at FinnCap
Elecosoft (LON:ELCO)‘s stock had its “corporate” rating reiterated by FinnCap in a research note issued on Thursday. They presently have a GBX 55 ($0.74) price target on the stock. FinnCap’s price objective would suggest a potential upside of 20.35% from the company’s previous close.
Shares of Elecosoft (LON:ELCO) traded up GBX 0.20 ($0.00) during midday trading on Thursday, reaching GBX 45.70 ($0.62). The company’s stock had a trading volume of 14,103 shares, compared to its average volume of 21,512. Elecosoft has a fifty-two week low of GBX 28 ($0.38) and a fifty-two week high of GBX 51 ($0.69).
In other news, insider Kevin Craig acquired 22,060 shares of Elecosoft stock in a transaction dated Friday, November 3rd. The stock was purchased at an average cost of GBX 45 ($0.61) per share, for a total transaction of £9,927 ($13,360.70).
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