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

Eurocell plc (LON:ECEL) crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 125.82 and traded as low as GBX 124. Eurocell shares last traded at GBX 124, with a volume of 271,033 shares.

Analyst Ratings Changes

Several equities analysts have issued reports on the company. Peel Hunt reaffirmed a “buy” rating and issued a GBX 180 price target on shares of Eurocell in a research note on Tuesday, November 4th. Berenberg Bank dropped their price target on Eurocell from GBX 300 to GBX 270 and set a “buy” rating on the stock in a research note on Thursday, September 4th. Two analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of GBX 225.

Eurocell Stock Up 2.4%

The company has a market capitalization of £127.25 million, a PE ratio of 17.40 and a beta of 0.84. The company has a current ratio of 1.58, a quick ratio of 0.87 and a debt-to-equity ratio of 58.43. The stock’s fifty day moving average is GBX 125.82 and its two-hundred day moving average is GBX 140.23.

Eurocell (LON:ECEL) last posted its quarterly earnings results on Thursday, September 4th. The company reported GBX 6 earnings per share for the quarter. Eurocell had a return on equity of 11.31% and a net margin of 3.51%. As a group, analysts predict that Eurocell plc will post 19.470852 EPS for the current year.

Insider Transactions at Eurocell

In other news, insider Iraj Amiri purchased 1,672 shares of the business’s stock in a transaction on Friday, November 7th. The stock was purchased at an average cost of GBX 129 per share, with a total value of £2,156.88. Also, insider Derek Mapp purchased 4,227 shares of Eurocell stock in a transaction dated Friday, November 7th. The shares were purchased at an average price of GBX 129 per share, with a total value of £5,452.83. Over the last ninety days, insiders purchased 10,759 shares of company stock valued at $1,387,911. 4.37% of the stock is currently owned by company 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.