Eurocell (LON:ECEL) Reaches New 52-Week Low – What’s Next?

Shares of Eurocell plc (LON:ECEL) hit a new 52-week low during trading on Thursday . The company traded as low as GBX 99.80 and last traded at GBX 104, with a volume of 650139 shares traded. The stock had previously closed at GBX 103.50.

Analyst Upgrades and Downgrades

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

Eurocell Trading Up 0.5%

The firm has a market capitalization of £102.49 million, a P/E ratio of 11.06 and a beta of 0.64. The company has a quick ratio of 0.87, a current ratio of 1.53 and a debt-to-equity ratio of 99.05. The business has a 50-day moving average price of GBX 112.78 and a 200-day moving average price of GBX 121.94.

Eurocell (LON:ECEL) last released its quarterly earnings data on Thursday, April 16th. The company reported GBX 14.60 earnings per share (EPS) for the quarter. 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%. Analysts anticipate that Eurocell plc will post 19.470852 earnings per share for the current year.

Insider Buying and Selling

In other news, insider Will Truman acquired 24,519 shares of the stock in a transaction dated Monday, March 23rd. The shares were acquired 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 stock in a transaction dated Thursday, March 19th. The shares were purchased at an average price of GBX 113 per share, for a total transaction of £19,875.57. Insiders own 4.52% of the company’s stock.

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.