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

Eurocell plc (LON:ECEL) crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 108.55 and traded as low as GBX 105. Eurocell shares last traded at GBX 107.50, with a volume of 19,730 shares.

Analyst Upgrades and Downgrades

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

Eurocell Stock Up 1.4%

The firm has a market capitalization of £107.42 million, a price-to-earnings ratio of 11.60 and a beta of 0.61. The company has a debt-to-equity ratio of 99.05, a quick ratio of 0.87 and a current ratio of 1.53. The business’s 50-day moving average is GBX 108.55 and its two-hundred day moving average is GBX 119.56.

Eurocell (LON:ECEL) last announced its quarterly earnings results 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 net margin of 2.38% and a return on equity of 9.23%. On average, equities analysts anticipate that Eurocell plc will post 19.470852 earnings per share for the current year.

Insider Buying and Selling at Eurocell

In related news, insider Will Truman acquired 20,205 shares of the business’s stock in a transaction that occurred on Monday, May 18th. The shares were acquired at an average cost of GBX 104 per share, with a total value of £21,013.20. Also, insider Derek Mapp acquired 17,589 shares of the business’s stock in a transaction that occurred on Thursday, March 19th. The stock was bought at an average cost of GBX 113 per share, for a total transaction of £19,875.57. Insiders purchased a total of 105,975 shares of company stock worth $11,531,358 over the last ninety days. 4.52% of the stock is currently owned by insiders.

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.