Eurocell (LON:ECEL) Shares Pass Above 50-Day Moving Average – Time to Sell?

Eurocell plc (LON:ECEL) shares passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 128.07 and traded as high as GBX 132.50. Eurocell shares last traded at GBX 128.50, with a volume of 37,990 shares trading hands.

Analysts Set New Price Targets

A number of equities analysts have weighed in on ECEL shares. Berenberg Bank decreased their target price on shares of Eurocell from GBX 270 to GBX 240 and set a “buy” rating for the company in a research note on Thursday, January 22nd. Peel Hunt reissued a “buy” rating and issued a GBX 180 target price on shares of Eurocell in a report on Tuesday, November 4th. Two analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Eurocell currently has a consensus rating of “Buy” and an average target price of GBX 210.

Eurocell Stock Up 0.1%

The company has a quick ratio of 0.87, a current ratio of 1.58 and a debt-to-equity ratio of 58.43. The company has a market cap of £127.08 million, a PE ratio of 17.62 and a beta of 0.84. The company’s fifty day moving average is GBX 128.07 and its 200-day moving average is GBX 130.51.

Insider Transactions at Eurocell

In other news, insider Derek Mapp acquired 4,227 shares of the business’s stock in a transaction that occurred on Monday, February 2nd. The stock was bought at an average price of GBX 128 per share, with a total value of £5,410.56. Also, insider Alison Littley acquired 2,144 shares of Eurocell stock in a transaction that occurred on Monday, February 2nd. The shares were purchased at an average price of GBX 128 per share, with a total value of £2,744.32. Insiders have bought a total of 7,555 shares of company stock worth $967,040 in the last ninety days. Insiders own 4.49% 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.