Eurocell (LON:ECEL) Issues Earnings Results

Eurocell (LON:ECEL) issued its quarterly earnings data on Thursday. The company reported GBX 14.60 earnings per share (EPS) for the quarter, Digital Look Earnings reports. The business had revenue of £403.50 million for the quarter. Eurocell had a return on equity of 9.23% and a net margin of 2.38%.

Eurocell Price Performance

Shares of LON:ECEL traded down GBX 5.33 on Thursday, hitting GBX 110.67. The company’s stock had a trading volume of 34,009 shares, compared to its average volume of 100,120. The company has a 50-day simple moving average of GBX 120.10 and a 200 day simple moving average of GBX 124.33. Eurocell has a 1 year low of GBX 105 and a 1 year high of GBX 164. The company has a market capitalization of £109.07 million, a PE ratio of 11.77 and a beta of 0.54. The company has a debt-to-equity ratio of 99.05, a current ratio of 1.53 and a quick ratio of 0.87.

Analyst Upgrades and Downgrades

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

Insiders Place Their Bets

In other Eurocell news, insider Will Truman purchased 24,519 shares of the stock in a transaction on Monday, March 23rd. The shares were purchased at an average price of GBX 113 per share, with a total value of £27,706.47. Also, insider Alison Littley purchased 2,144 shares of the stock in a transaction on Monday, February 2nd. The stock was acquired at an average cost of GBX 128 per share, for a total transaction of £2,744.32. In the last quarter, insiders bought 49,663 shares of company stock worth $5,725,244. 4.52% of the stock is currently owned by insiders.

Eurocell Company Profile

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.