Elektron Technology PLC (LON:EKT) saw its stock price fall below its two-hundred day moving average during trading on Friday. The company, which designs, manufactures, and markets products for connectivity, monitoring, and control on a global scale, reached a low of GBX 53.07 ($0.67), below its two-hundred day moving average of GBX 53.50 ($0.68). Elektron Technology shares closed at GBX 53.50 ($0.68) with a trading volume of 297,441 shares.
The company operates through three segments: Bulgin, Checkit, and Elektron Eye Technology. In addition to designing and manufacturing electromechanical components and instrumentation products, Elektron Technology provides a web-based service for work management and automated monitoring, as well as supplies precision measurement equipment.
For more information on Elektron Technology and related companies, you can receive daily news and ratings by entering your email address to subscribe to MarketBeat.com’s free daily email newsletter. With a market cap of £99.56 million and a PE ratio of 24.32, the company has a fifty-day moving average price and a two-hundred day moving average price of GBX 53.50 ($0.68).