Ellomay Capital (NYSEAMERICAN:ELLO) Share Price Passes Above 50-Day Moving Average of $0.00

Ellomay Capital Ltd. (NYSEAMERICAN:ELLOGet Rating)’s share price passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $0.00 and traded as high as $10.42. Ellomay Capital shares last traded at $10.42, with a volume of 209 shares traded.

Ellomay Capital Trading Up 4.1 %

The company has a quick ratio of 0.60, a current ratio of 0.60 and a debt-to-equity ratio of 7.88.

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

Hedge Funds Weigh In On Ellomay Capital

An institutional investor recently raised its position in Ellomay Capital stock. UBS Group AG grew its position in shares of Ellomay Capital Ltd. (NYSEAMERICAN:ELLOGet Rating) by 20,486.8% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 18,734 shares of the utilities provider’s stock after buying an additional 18,643 shares during the quarter. UBS Group AG owned 0.15% of Ellomay Capital worth $476,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Hedge funds and other institutional investors own 11.68% of the company’s stock.

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.

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