Ellomay Capital (NYSEAMERICAN:ELLO) Stock Price Crosses Above Fifty Day Moving Average of $0.00

Ellomay Capital Ltd. (NYSEAMERICAN:ELLOGet Free Report)’s share price crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $0.00 and traded as high as $14.06. Ellomay Capital shares last traded at $14.06, with a volume of 1,021 shares changing hands.

Ellomay Capital Trading Down 2.6 %

The firm has a market cap of $176.05 million, a price-to-earnings ratio of 105.39 and a beta of 1.35. The company has a debt-to-equity ratio of 3.16, a quick ratio of 1.06 and a current ratio of 1.06.

Ellomay Capital (NYSEAMERICAN:ELLOGet Free Report) last posted its earnings results on Sunday, March 31st. The utilities provider reported ($0.56) earnings per share for the quarter. The firm had revenue of $9.32 million during the quarter. Ellomay Capital had a net margin of 3.24% and a return on equity of 3.01%.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Ellomay Capital stock. Clal Insurance Enterprises Holdings Ltd raised its holdings in shares of Ellomay Capital Ltd. (NYSEAMERICAN:ELLOFree Report) by 54.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,512,554 shares of the utilities provider’s stock after acquiring an additional 534,554 shares during the quarter. Clal Insurance Enterprises Holdings Ltd owned approximately 11.77% of Ellomay Capital worth $22,580,000 as of its most recent SEC filing. 27.54% of the stock is currently owned by institutional investors.

About Ellomay Capital

(Get Free Report)

Ellomay Capital Ltd., together with its subsidiaries, engages in the initiation, development, construction, and production of renewable and clean energy projects in Spain, the United States, Italy, the Netherlands, and Israel. The company owns photovoltaic (PV) plants comprising five PV plants in Spain with an aggregate installed capacity of approximately 35.9 megawatts (MW); and one PV plant with an installed capacity of 300 MW in the municipality of Talaván, Spain.

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