Eurocell (LON:ECEL) Hits New 52-Week High – Should You Buy?

Eurocell plc (LON:ECEL)’s share price hit a new 52-week high during mid-day trading on Thursday. The company traded as high as GBX 153 and last traded at GBX 147, with a volume of 119,323 shares changing hands. The stock had previously closed at GBX 148.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reissued a “buy” rating and issued a GBX 240 price target on shares of Eurocell in a research note on Thursday, September 3rd. Two analysts have rated the stock with a Buy rating. According to MarketBeat, the stock has an average rating of “Buy” and a consensus price target of GBX 210.

Eurocell Trading Down 2.7%

The firm has a market cap of £141.46 million, a P/E ratio of 26.48 and a beta of 0.61. The company’s 50 day moving average is GBX 127.52 and its two-hundred day moving average is GBX 115.99. The company has a debt-to-equity ratio of 102.85, a current ratio of 1.42 and a quick ratio of 0.87.

Eurocell (LON:ECEL) last announced its quarterly earnings results on Thursday, September 3rd. The company reported GBX 6.10 earnings per share (EPS) for the quarter. Eurocell had a net margin of 1.35% and a return on equity of 5.51%. On average, sell-side analysts predict that Eurocell plc will post 19.47 earnings per share for the current year.

Insider Buying and Selling

In related news, insider Iraj Amiri bought 1,835 shares of the company’s stock in a transaction that occurred on Tuesday, September 1st. The shares were acquired at an average price of GBX 121 per share, for a total transaction of £2,220.35. Also, insider Will Truman purchased 28,076 shares of the stock in a transaction on Friday, September 18th. The shares were acquired at an average cost of GBX 132 per share, for a total transaction of £37,060.32. Over the last quarter, insiders purchased 83,829 shares of company stock valued at $10,967,493. Corporate insiders own 4.73% 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.