Eurocell (LON:ECEL) Shares Cross Below 50 Day Moving Average – Should You Sell?

Shares of Eurocell plc (LON:ECEL) passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 115.22 and traded as low as GBX 102. Eurocell shares last traded at GBX 105, with a volume of 75,534 shares traded.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reissued a “buy” rating and issued a GBX 240 price objective on shares of Eurocell in a research report on Thursday, March 19th. Two investment analysts have rated the stock with a Buy rating, According to MarketBeat, the stock has a consensus rating of “Buy” and an average target price of GBX 210.

Eurocell Stock Performance

The stock’s 50-day moving average price is GBX 115.22 and its 200 day moving average price is GBX 122.57. 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 firm has a market cap of £105.29 million, a P/E ratio of 11.37 and a beta of 0.64.

Eurocell (LON:ECEL) last announced its quarterly earnings data on Thursday, April 16th. The company reported GBX 14.60 EPS for the quarter. Eurocell had a net margin of 2.38% and a return on equity of 9.23%. The business had revenue of £403.50 million for the quarter. As a group, equities analysts predict that Eurocell plc will post 19.470852 EPS for the current year.

Insider Buying and Selling at Eurocell

In other news, insider Derek Mapp purchased 17,589 shares of the company’s stock in a transaction on Thursday, March 19th. The shares were purchased at an average cost of GBX 113 per share, with a total value of £19,875.57. Also, insider Will Truman purchased 24,519 shares of the company’s stock in a transaction on Monday, March 23rd. The shares were purchased at an average cost of GBX 113 per share, for a total transaction of £27,706.47. Corporate 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.