Eurocell (LON:ECEL) Sets New 1-Year Low – Here’s Why

Shares of Eurocell plc (LON:ECEL) hit a new 52-week low during trading on Tuesday . The company traded as low as GBX 105 and last traded at GBX 105, with a volume of 86026 shares changing hands. The stock had previously closed at GBX 106.

Wall Street Analysts Forecast Growth

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

Eurocell Price Performance

The firm has a 50 day moving average price of GBX 115.67 and a 200 day moving average price of GBX 122.80. 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 stock has a market cap of £102.98 million, a P/E ratio of 11.12 and a beta of 0.64.

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

Insider Activity

In other news, insider Alison Littley acquired 2,144 shares of the firm’s stock in a transaction dated Monday, February 2nd. The shares were purchased at an average cost of GBX 128 per share, for a total transaction of £2,744.32. Also, insider Will Truman bought 24,519 shares of the stock in a transaction that occurred on Monday, March 23rd. The shares were purchased at an average price of GBX 113 per share, for a total transaction of £27,706.47. In the last three months, insiders have acquired 49,663 shares of company stock valued at $5,725,244. Company insiders own 4.52% 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.