Eurocell (LON:ECEL) Stock Price Crosses Below 50-Day Moving Average – What’s Next?

Eurocell plc (LON:ECEL)’s share price passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 117.86 and traded as low as GBX 110. Eurocell shares last traded at GBX 110.50, with a volume of 158,293 shares traded.

Analyst Ratings Changes

Separately, Berenberg Bank reissued a “buy” rating and issued a GBX 240 target price on shares of Eurocell in a research report on Thursday, March 19th. Two investment analysts have rated the stock with a Buy rating, According to MarketBeat, Eurocell presently has a consensus rating of “Buy” and a consensus price target of GBX 210.

Eurocell Stock Performance

The firm’s 50-day moving average price is GBX 117.54 and its two-hundred day moving average price is GBX 123.43. The firm has a market capitalization of £111.36 million, a PE ratio of 12.02 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.

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

Insider Activity at Eurocell

In related news, insider Will Truman acquired 24,519 shares of the stock in a transaction that occurred on Monday, March 23rd. The shares were purchased at an average cost of GBX 113 per share, with a total value of £27,706.47. Also, insider Alison Littley acquired 2,144 shares of the stock in a transaction that occurred on Monday, February 2nd. The shares were bought at an average cost of GBX 128 per share, for a total transaction of £2,744.32. Over the last ninety days, insiders bought 49,663 shares of company stock valued at $5,725,244. Company 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.