Eurocell (LON:ECEL) Sets New 52-Week High – Time to Buy?

Eurocell plc (LON:ECEL)’s stock price hit a new 52-week high on Monday. The company traded as high as GBX 145.50 and last traded at GBX 144, with a volume of 543262 shares traded. The stock had previously closed at GBX 139.

Analyst Ratings Changes

Separately, Berenberg Bank reissued a “buy” rating and set a GBX 240 target price on shares of Eurocell in a report on Thursday, September 3rd. Two investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of GBX 210.

Eurocell Stock Performance

The stock has a market cap of £142.39 million, a price-to-earnings ratio of 26.67 and a beta of 0.61. The company has a quick ratio of 0.87, a current ratio of 1.42 and a debt-to-equity ratio of 102.85. The company’s 50-day simple moving average is GBX 121.98 and its 200-day simple moving average is GBX 114.07.

Eurocell (LON:ECEL) last released its quarterly earnings results on Thursday, September 3rd. The company reported GBX 6.10 earnings per share for the quarter. Eurocell had a return on equity of 5.51% and a net margin of 1.35%. Analysts predict that Eurocell plc will post 19.470852 EPS for the current fiscal year.

Insider Buying and Selling

In other Eurocell news, insider Iraj Amiri bought 1,835 shares of the firm’s stock in a transaction dated Tuesday, September 1st. The stock was acquired at an average price of GBX 121 per share, with a total value of £2,220.35. Also, insider Alison Littley acquired 1,769 shares of Eurocell stock in a transaction that occurred on Tuesday, September 1st. The stock was acquired at an average cost of GBX 121 per share, with a total value of £2,140.49. Over the last three months, insiders have bought 69,871 shares of company stock valued at $8,985,457. 4.66% of the stock is currently owned by company 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.