EKF Diagnostics (LON:EKF) Stock Crosses Below 200-Day Moving Average – Here’s Why

Shares of EKF Diagnostics Holdings plc (LON:EKF) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 27.25 and traded as low as GBX 26.88. EKF Diagnostics shares last traded at GBX 28.40, with a volume of 286,552 shares trading hands.

EKF Diagnostics Trading Down 0.6%

The stock has a market capitalization of £122.51 million, a PE ratio of 20.91 and a beta of 0.57. The company has a current ratio of 4.60, a quick ratio of 1.77 and a debt-to-equity ratio of 0.34. The business’s 50-day moving average is GBX 25.22 and its two-hundred day moving average is GBX 27.25.

Insider Activity

In related news, insider Julian Baines bought 85,000 shares of the stock in a transaction dated Monday, December 15th. The stock was acquired at an average price of GBX 23 per share, for a total transaction of £19,550. Company insiders own 39.62% of the company’s stock.

About EKF Diagnostics

EKF is an AIM-listed global diagnostics business focussed on:

● Point-of-Care analysers in the key areas of Hematology and Diabetes

● Life Sciences services provide specialist manufacture of enzymes and custom products for use in diagnostic, food and industrial applications.

EKF has headquarters in Penarth (near Cardiff) and operates five manufacturing sites across the US and Germany, selling into over 120 countries world-wide.