Eurocell (LON:ECEL) Issues Quarterly Earnings Results

Eurocell (LON:ECEL) released its earnings results on Thursday. The company reported GBX 6.10 earnings per share for the quarter, Digital Look Earnings reports. Eurocell had a return on equity of 9.23% and a net margin of 2.38%.

Eurocell Trading Down 2.0%

Shares of ECEL traded down GBX 2.50 during trading hours on Thursday, hitting GBX 121. The stock had a trading volume of 219,524 shares, compared to its average volume of 112,126. Eurocell has a 12-month low of GBX 99 and a 12-month high of GBX 140.50. The firm has a market cap of £119.25 million, a P/E ratio of 12.87 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 company’s fifty day simple moving average is GBX 116.14 and its 200 day simple moving average is GBX 113.92.

Insider Activity at Eurocell

In other news, insider Iraj Amiri acquired 1,835 shares of Eurocell stock in a transaction dated Tuesday, September 1st. The shares were acquired at an average cost of GBX 121 per share, with a total value of £2,220.35. Also, insider Alison Littley bought 1,769 shares of the firm’s stock in a transaction dated Tuesday, September 1st. The shares were purchased at an average price of GBX 121 per share, with a total value of £2,140.49. Insiders acquired a total of 62,796 shares of company stock valued at $7,163,223 over the last three months. Insiders own 4.66% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 240 price objective on shares of Eurocell in a research note on Thursday. Two investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of GBX 210.

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.