Eurocell (LON:ECEL) Stock Crosses Above 50 Day Moving Average – Here’s What Happened

Eurocell plc (LON:ECEL)’s share price crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 107.97 and traded as high as GBX 108. Eurocell shares last traded at GBX 103.50, with a volume of 27,388 shares.

Analysts Set New Price Targets

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

Eurocell Stock Down 0.5%

The company has a debt-to-equity ratio of 99.05, a current ratio of 1.53 and a quick ratio of 0.87. The business’s fifty day simple moving average is GBX 107.97 and its two-hundred day simple moving average is GBX 118.95. The company has a market cap of £102.00 million, a PE ratio of 11.01 and a beta of 0.60.

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

Insider Transactions at Eurocell

In related news, insider Derek Mapp bought 17,589 shares of the business’s stock in a transaction dated Thursday, March 19th. The stock was acquired at an average price of GBX 113 per share, with a total value of £19,875.57. Also, insider Will Truman bought 20,205 shares of the business’s stock in a transaction dated Monday, May 18th. The shares were bought at an average cost of GBX 104 per share, with a total value of £21,013.20. Insiders have bought 105,975 shares of company stock valued at $11,531,358 in the last three months. Corporate insiders own 4.62% 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.