Eurocell (LON:ECEL) Shares Pass Above 50-Day Moving Average – Here’s What Happened

Eurocell plc (LON:ECEL) shares passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 107.70 and traded as high as GBX 112. Eurocell shares last traded at GBX 111, with a volume of 72,358 shares changing hands.

Analysts Set New Price Targets

Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 240 price objective on shares of Eurocell in a research report on Thursday, May 14th. Two analysts have rated the stock with a Buy rating, According to MarketBeat.com, Eurocell has an average rating of “Buy” and a consensus target price of GBX 210.

Eurocell Stock Down 0.5%

The company has a current ratio of 1.53, a quick ratio of 0.87 and a debt-to-equity ratio of 99.05. The firm’s 50 day simple moving average is GBX 107.82 and its 200-day simple moving average is GBX 116.42. The stock has a market capitalization of £108.85 million, a price-to-earnings ratio of 11.75 and a beta of 0.60.

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

Insider Activity

In related news, insider Will Truman purchased 43,662 shares of the stock in a transaction on Monday, May 18th. The shares were purchased at an average price of GBX 107 per share, with a total value of £46,718.34. Also, insider Alison Littley acquired 3,419 shares of the company’s stock in a transaction dated Friday, June 26th. The shares were bought at an average price of GBX 110 per share, for a total transaction of £3,760.90. In the last ninety days, insiders acquired 99,577 shares of company stock valued at $10,642,667. Corporate insiders own 4.66% of the company’s stock.

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.