Electra Private Equity (LON:ELTA) Stock Crosses Above Two Hundred Day Moving Average of $0.00

Electra Private Equity Plc (LON:ELTA)’s stock price crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $0.00 and traded as high as $340.65. Electra Private Equity shares last traded at $340.65, with a volume of 8,484 shares trading hands.

Separately, HSBC reduced their target price on shares of Electra Private Equity from GBX 423 ($5.53) to GBX 407 ($5.32) and set a “hold” rating on the stock in a report on Tuesday, June 4th.

The firm has a market cap of $130.02 million and a price-to-earnings ratio of -2.60. The company’s fifty day simple moving average is GBX 346.94.

About Electra Private Equity (LON:ELTA)

Electra Private Equity PLC specializes in growth capital, buyouts, recapitalization, control buyouts, PIPEs, middle market investments. It invests across all sectors and is not sector specific. The fund seeks to invest in companies based in the Continental Europe, United States and principally in Western Europe, with the majority of investments made in the United Kingdom.

Featured Story: Producer Price Index (PPI)

Receive News & Ratings for Electra Private Equity Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Electra Private Equity and related companies with MarketBeat.com's FREE daily email newsletter.