Eurocell (LON:ECEL) Stock Passes Below Fifty Day Moving Average – Time to Sell?

Eurocell plc (LON:ECEL)’s stock price passed below its 50-day moving average during trading on Thursday . The stock has a 50-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.

Wall Street Analyst Weigh In

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

Eurocell Trading Up 1.4%

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

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

Insider Activity at Eurocell

In other news, insider Will Truman acquired 43,662 shares of the stock in a transaction on Monday, May 18th. The stock was acquired at an average cost of GBX 107 per share, for a total transaction of £46,718.34. Also, insider Derek Mapp purchased 17,589 shares of the stock in a transaction dated Thursday, March 19th. The shares were acquired at an average cost of GBX 113 per share, with a total value of £19,875.57. Over the last 90 days, insiders have acquired 105,975 shares of company stock valued at $11,531,358. 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.