Elekta AB (publ) (OTCMKTS:EKTAY) Stock Price Crosses Below Fifty Day Moving Average of $7.09

Elekta AB (publ) (OTCMKTS:EKTAYGet Rating) crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $7.09 and traded as low as $7.04. Elekta AB (publ) shares last traded at $7.14, with a volume of 24,032 shares.

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. cut their target price on Elekta AB (publ) from SEK 79 to SEK 69 and set an “underweight” rating for the company in a research note on Tuesday, April 26th.

Elekta AB (publ) Trading Up 1.1 %

The firm has a 50 day simple moving average of $7.09 and a 200 day simple moving average of $7.83. The firm has a market cap of $2.74 billion, a P/E ratio of 20.99 and a beta of 1.01. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.95 and a current ratio of 1.17.

Elekta AB (publ) Company Profile

(Get Rating)

Elekta AB (publ), a medical technology company, provides clinical solutions for treating cancer and brain disorders worldwide. The company offers Versa HD, a brain metastases solution; Elekta Unity, a MR-Linac technology; Elekta Harmony, a linear accelerator; Elekta Infinity for treating a range of patients with simple-to-complex radiotherapy needs; Elekta Synergy, a digital accelerator for advanced image-guided radiation therapy; treatment management solutions; automated and integrated quality assurance solutions; and hardware and software motion management technology.

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