Eurocell (LON:ECEL) Shares Cross Below 50 Day Moving Average – Should You Sell?

Eurocell plc (LON:ECEL) passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 115.22 and traded as low as GBX 102. Eurocell shares last traded at GBX 105, with a volume of 75,534 shares traded.

Wall Street Analyst Weigh In

Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 240 price target on shares of Eurocell in a research report on Thursday, March 19th. Two research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of GBX 210.

Eurocell Stock Performance

The stock has a market capitalization of £105.29 million, a price-to-earnings ratio of 11.37 and a beta of 0.64. The company’s fifty day simple moving average is GBX 115.22 and its 200 day simple moving average is GBX 122.57. The company has a quick ratio of 0.87, a current ratio of 1.53 and a debt-to-equity ratio of 99.05.

Eurocell (LON:ECEL) last released its quarterly earnings data on Thursday, April 16th. The company reported GBX 14.60 EPS for the quarter. Eurocell had a net margin of 2.38% and a return on equity of 9.23%. The firm had revenue of £403.50 million for the quarter. On average, equities research analysts expect that Eurocell plc will post 19.470852 earnings per share for the current year.

Insider Buying and Selling at Eurocell

In related news, insider Will Truman acquired 24,519 shares of the firm’s stock in a transaction on Monday, March 23rd. The shares were purchased at an average cost of GBX 113 per share, for a total transaction of £27,706.47. Also, insider Derek Mapp acquired 17,589 shares of the firm’s stock in a transaction on Thursday, March 19th. The stock was bought at an average price of GBX 113 per share, for a total transaction of £19,875.57. 4.52% of the stock is owned by insiders.

About Eurocell

Eurocell plc engages in manufacture, distribution, and recycling of windows, doors, and roofline polyvinyl chloride (PVC) building products in the United Kingdom and the Republic of Ireland. The company operates through Profiles and Building Plastics segments. It also offers fascia and capping boards, finishing trims, soffit boards, ventilators, and accessories; decking, fencing, and balustrade. In addition, the company provides polycarbonate, roofing insulation and membrane, lightweight roofing and tiles, flashing, flat roofing, dry verge, roof lanterns and glazing, ladders, and access equipment; external and internal cladding; and sealants, adhesives, and cleaners.