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

Ellomay Capital Ltd. (NYSEAMERICAN:ELLO) passed 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 $14.77. Ellomay Capital shares last traded at $14.50, with a volume of 3,133 shares changing hands.

Ellomay Capital Price Performance

The stock has a market cap of $188.64 million, a P/E ratio of 112.93 and a beta of 1.30. The company has a debt-to-equity ratio of 3.16, a current ratio of 1.06 and a quick ratio of 1.06.

Ellomay Capital (NYSEAMERICAN:ELLO) last issued its earnings results on Sunday, March 31st. The utilities provider reported ($0.56) EPS 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 Investors Weigh In On Ellomay Capital

An institutional investor recently raised its position in Ellomay Capital stock. Clal Insurance Enterprises Holdings Ltd grew its stake in Ellomay Capital Ltd. (NYSEAMERICAN:ELLO) by 54.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,512,554 shares of the utilities provider’s stock after purchasing an additional 534,554 shares during the period. Clal Insurance Enterprises Holdings Ltd owned about 11.77% of Ellomay Capital worth $22,580,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 27.54% of the company’s stock.

Ellomay Capital Company Profile

Ellomay Capital Ltd., together with its subsidiaries, engages in the production of renewable and clean energy in Israel, Italy, Spain, and the Netherlands. The company owns seven photovoltaic (PV) plants comprising five PV plants in Spain with an aggregate installed capacity of approximately 35.9 megawatts (MW); one PV plant with a peak capacity of 300 MW in the municipality of Talaván, Spain; and one PV plant in Israel with an installed capacity of approximately 9 MW.