Eurocell (LON:ECEL) Reaches New 52-Week Low – Here’s What Happened

Eurocell plc (LON:ECEL) shares hit a new 52-week low on Tuesday . The company traded as low as GBX 108 and last traded at GBX 111.50, with a volume of 51053 shares changing hands. The stock had previously closed at GBX 108.50.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reissued a “buy” rating and set a GBX 240 price objective on shares of Eurocell in a research report on Thursday, March 19th. Two analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of GBX 210.

Eurocell Trading Up 2.8%

The company has a market capitalization of £109.88 million, a P/E ratio of 15.27 and a beta of 0.54. The business has a fifty day moving average price of GBX 125.46 and a 200 day moving average price of GBX 126.72. The company has a quick ratio of 0.87, a current ratio of 1.53 and a debt-to-equity ratio of 99.05.

Insider Transactions at Eurocell

In other news, insider Alison Littley bought 2,144 shares of the company’s stock in a transaction that occurred on Monday, February 2nd. The shares were acquired at an average price of GBX 128 per share, with a total value of £2,744.32. Also, insider Will Truman bought 24,519 shares of the business’s stock in a transaction on Monday, March 23rd. The stock was purchased at an average price of GBX 113 per share, for a total transaction of £27,706.47. Insiders acquired a total of 49,663 shares of company stock worth $5,725,244 in the last 90 days. 4.52% of the stock is owned by corporate 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. 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.