Elecosoft’s (ELCO) “Corporate” Rating Reaffirmed at FinnCap

FinnCap restated their corporate rating on shares of Elecosoft (LON:ELCO) in a research note released on Thursday, ThisIsMoney.Co.Uk reports.

Shares of Elecosoft stock opened at GBX 82 ($1.07) on Thursday. Elecosoft has a 52-week low of GBX 65 ($0.85) and a 52-week high of GBX 92.90 ($1.21). The company has a quick ratio of 0.87, a current ratio of 0.92 and a debt-to-equity ratio of 51.97. The company has a market capitalization of $66.35 million and a P/E ratio of 35.65.

The company also recently declared a dividend, which will be paid on Friday, May 31st. Investors of record on Thursday, March 28th will be paid a GBX 0.40 ($0.01) dividend. The ex-dividend date is Thursday, March 28th. This represents a yield of 0.54%. This is an increase from Elecosoft’s previous dividend of $0.28. Elecosoft’s payout ratio is currently 0.43%.

Elecosoft Company Profile

Elecosoft plc provides software and related services to the architectural, engineering, construction, and owner/operator industries in the United Kingdom, Scandinavia, Germany, rest of Europe, the United States, and internationally. The company offers project management software under the Powerproject brand; cost estimating software under the Bidcon brand; CAD/design software solutions under the Arcon Evo and o2c brands; Interiormarket, an industry-specific and modular marketing solution; engineering software solutions under the Staircon and Statcon brands, as well as under the Framing name; and information management solutions under IconSystem and MarketingManager brands.

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