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

Ellomay Capital Ltd. (NYSEAMERICAN:ELLO)’s share price crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $0.00 and traded as high as $15.02. Ellomay Capital shares last traded at $14.92, with a volume of 2,237 shares.

Ellomay Capital Stock Down 0.8 %

The firm has a market capitalization of $190.18 million, a P/E ratio of 113.85 and a beta of 1.30. The company has a debt-to-equity ratio of 3.16, a quick ratio of 1.04 and a current ratio of 1.06.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in ELLO. UBS Group AG raised its holdings in Ellomay Capital by 20,486.8% in the 1st quarter. UBS Group AG now owns 18,734 shares of the utilities provider’s stock valued at $476,000 after buying an additional 18,643 shares during the last quarter. Yelin Lapidot Holdings Management Ltd. bought a new position in Ellomay Capital in the 3rd quarter valued at approximately $1,711,000. Finally, Clal Insurance Enterprises Holdings Ltd raised its holdings in Ellomay Capital by 54.7% in the 4th quarter. Clal Insurance Enterprises Holdings Ltd now owns 1,512,554 shares of the utilities provider’s stock valued at $22,580,000 after buying an additional 534,554 shares during the last quarter. Institutional investors own 27.54% of the company’s stock.

Ellomay Capital Company Profile

Ellomay Capital Ltd., together with its subsidiaries, engages in the production of renewable and clean energy in Israel, Italy, Spain, and the Netherlands. The company owns seven photovoltaic (PV) plants comprising five PV plants in Spain with an aggregate installed capacity of approximately 35.9 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.