On Monday, the stock price of Elektron Technology PLC (LON:EKT) dropped below its 200-day moving average during trading. The stock reached a low of GBX 53.07 ($0.68), which was below the 200-day moving average of GBX 53.50 ($0.68). Despite this, Elektron Technology shares closed at GBX 53.50 ($0.68) with a trading volume of 297,441 shares.
The company’s stock is currently up by 0.9%, with a fifty-day moving average price and a 200-day moving average price of GBX 53.50. Elektron Technology has a market cap of £99.56 million with a PE ratio of 24.32.
Elektron Technology plc designs, manufactures, and markets products that connect, monitor, and control globally across various industries including automotive, healthcare, and industrial automation. The company has three segments: Bulgin, Checkit, and Elektron Eye Technology, which produce electromechanical components and instrumentation products as well as provide web-based services for work management and automated monitoring, as well as precision measurement equipment to its customers worldwide
