Eurocell (LON:ECEL) Shares Down 1.1% – Here’s Why

Eurocell plc (LON:ECEL)’s stock price dropped 1.1% during trading on Friday. The stock traded as low as GBX 139.88 and last traded at GBX 140. 133,335 shares traded hands during mid-day trading, an increase of 5% from the average session volume of 127,338 shares. The stock had previously closed at GBX 141.50.

Wall Street Analyst Weigh In

Separately, Berenberg Bank reissued a “buy” rating and issued a GBX 240 price objective on shares of Eurocell in a research report on Thursday, September 3rd. One analyst has rated the stock with a Buy rating. According to MarketBeat.com, Eurocell has a consensus rating of “Buy” and an average target price of GBX 240.

Eurocell Price Performance

The company’s 50-day simple moving average is GBX 138.44 and its 200-day simple moving average is GBX 121. The company has a debt-to-equity ratio of 102.85, a current ratio of 1.42 and a quick ratio of 0.87. The stock has a market capitalization of £138.49 million, a price-to-earnings ratio of 25.93 and a beta of 0.61.

Eurocell (LON:ECEL) last posted its earnings results on Thursday, September 3rd. The company reported GBX 6.10 EPS for the quarter. Eurocell had a return on equity of 5.51% and a net margin of 1.35%. Research analysts forecast that Eurocell plc will post 19.47 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, insider Derek Mapp acquired 35,000 shares of the stock in a transaction on Friday, October 16th. The shares were purchased at an average price of GBX 137 per share, for a total transaction of £47,950. Also, insider Will Truman acquired 28,076 shares of the stock in a transaction on Friday, September 18th. The shares were purchased at an average price of GBX 132 per share, for a total transaction of £37,060.32. Insiders purchased a total of 118,829 shares of company stock worth $15,762,493 over the last three months. 4.77% of the stock is currently owned by corporate 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.