Elektron Technology (LON:EKT) Shares Pass Below 200 Day Moving Average – What’s Next?

Shares of Elektron Technology PLC (LON:EKT) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 53.50 ($0.69) and traded as low as GBX 53.07 ($0.69). Elektron Technology shares last traded at GBX 53.50 ($0.69), with a volume of 297,441 shares changing hands.

Elektron Technology Price Performance

The stock has a 50-day simple moving average of GBX 53.50 and a 200-day simple moving average of GBX 53.50. The stock has a market cap of £99.56 million and a PE ratio of 24.32.

About Elektron Technology

Elektron Technology plc designs, manufactures, and markets products that connect, monitor, and control worldwide. The company operates through three segments: Bulgin, Checkit, and Elektron Eye Technology. It is also involved in the design, manufacture, and sale of electromechanical components and instrumentation products; provides Web-based service for work management and automated monitoring; and supplies precision measurement equipment.