Electrocomponents (LON:ECM) Shares Down 0.8% – What’s Next?

Electrocomponents plc (LON:ECM)’s stock price traded down 0.8% on Wednesday . The stock traded as low as GBX 1,034 ($13.19) and last traded at GBX 1,047 ($13.36). 804,928 shares traded hands during mid-day trading, a decline of 30% from the average session volume of 1,157,852 shares. The stock had previously closed at GBX 1,055 ($13.46).

Electrocomponents Stock Performance

The company has a debt-to-equity ratio of 29.34, a current ratio of 1.91 and a quick ratio of 1.17. The stock has a market cap of £4.93 billion and a P/E ratio of 26.64. The stock has a 50-day simple moving average of GBX 1,047 and a 200-day simple moving average of GBX 1,047.

Electrocomponents Company Profile

Electrocomponents plc, together with its subsidiaries, distributes various electronics and industrial products in the United Kingdom, the United States, France, Germany, Italy, and internationally. It provides industrial interconnect and test, industrial automation and control, board-level electronics, and single-board computing products; and tools, consumables, and facilities maintenance products, such as personal protective equipment, site safety products, and 3D printing products.