Ellomay Capital (NYSEAMERICAN:ELLO) Shares Cross Above 50 Day Moving Average of $0.00

Shares of Ellomay Capital Ltd. (NYSEAMERICAN:ELLO – Get Rating) passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $0.00 and traded as high as $17.51. Ellomay Capital shares last traded at $17.51, with a volume of 120 shares trading hands.

Ellomay Capital Price Performance

The company has a market cap of $221.50 million, a P/E ratio of -16.36 and a beta of 1.10. The company has a debt-to-equity ratio of 7.88, a current ratio of 0.60 and a quick ratio of 0.60.

Ellomay Capital (NYSEAMERICAN:ELLO – Get Rating) last posted its quarterly earnings results on Thursday, December 29th. The utilities provider reported ($0.20) EPS for the quarter. The company had revenue of $15.65 million during the quarter. Ellomay Capital had a negative net margin of 32.31% and a negative return on equity of 22.85%.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Ellomay Capital stock. UBS Group AG raised its holdings in Ellomay Capital Ltd. (NYSEAMERICAN:ELLO – Get Rating) by 20,486.8% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 18,734 shares of the utilities provider’s stock after acquiring an additional 18,643 shares during the period. UBS Group AG owned about 0.15% of Ellomay Capital worth $476,000 at the end of the most recent quarter. 11.68% of the stock is owned by hedge funds and other institutional investors.

Ellomay Capital Company Profile

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Ellomay Capital Ltd., together with its subsidiaries, engages in the production of renewable and clean energy in Israel, Spain, and the Netherlands. The company owns six photovoltaic (PV) plants comprising four PV plants in Spain with an aggregate installed capacity of approximately 7.9 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.