Elektron Technology (LON:EKT) Trading Up 0.9% – Time to Buy?

Elektron Technology PLC (LON:EKTGet Free Report)’s share price rose 0.9% on Wednesday . The stock traded as high as GBX 53.95 ($0.68) and last traded at GBX 53.50 ($0.68). Approximately 297,441 shares changed hands during trading, a decline of 17% from the average daily volume of 359,519 shares. The stock had previously closed at GBX 53 ($0.67).

Elektron Technology Price Performance

The stock has a fifty day moving average price of GBX 53.50 and a two-hundred day moving average price of GBX 53.50. The company has a market capitalization of £99.56 million and a price-to-earnings ratio of 24.32.

Elektron Technology Company Profile

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Elektron Technology plc designs, manufactures, and markets products that connect, monitor, and control worldwide. The company operates through three segments: Bulgin, Checkit, and Elektron Eye Technology. It is also involved in the design, manufacture, and sale of electromechanical components and instrumentation products; provides Web-based service for work management and automated monitoring; and supplies precision measurement equipment.

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