During trading on Monday, Elektron Technology PLC (LON:EKT) experienced a drop in stock price that fell below its 200-day moving average. The stock reached a low of GBX 53.07 ($0.68), which was below the 200-day moving average of GBX 53.50 ($0.68). Despite this, Elektron Technology shares closed at GBX 53.50 ($0.68) with a total of 297,441 shares traded.
Elektron Technology is a company that specializes in the design, manufacturing, and marketing of products for global connectivity, monitoring, and control. With a market cap of £99.56 million and a PE ratio of 24.32, the company operates through three segments: Bulgin, Checkit, and Elektron Eye Technology. These segments include the design and sale of electromechanical components and instrumentation products as well as web-based services for work management and automated monitoring, as well as precision measurement equipment.
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