Eurocell (LON:ECEL) Hits New 1-Year Low - Here's What Happened

Key Points

• Eurocell plc's share price has reached a new 52-week low of GBX 125 ($1.68) during mid-day trading.
• Berenberg Bank has lowered their price target for Eurocell from GBX 300 to GBX 270, maintaining a "buy" rating for the stock.
• Insiders have purchased a total of 9,708 shares worth approximately $1.45 million in the last ninety days, indicating confidence in the company's performance.

Eurocell plc (LON:ECEL - Get Free Report)'s share price hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as GBX 125 ($1.68) and last traded at GBX 125.50 ($1.68), with a volume of 222448 shares. The stock had previously closed at GBX 125.50 ($1.68).

Analysts Set New Price Targets

Separately, Berenberg Bank decreased their price objective on Eurocell from GBX 300 to GBX 270 and set a "buy" rating for the company in a report on Thursday, September 4th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat, Eurocell presently has a consensus rating of "Buy" and an average target price of GBX 270.

Eurocell Stock Performance

The firm has a 50 day simple moving average of GBX 136.59 and a 200 day simple moving average of GBX 147.27. The company has a current ratio of 1.58, a quick ratio of 0.87 and a debt-to-equity ratio of 58.43. The firm has a market capitalization of £125.98 million, a PE ratio of 1,719.18 and a beta of 0.84.

Eurocell (LON:ECEL - Get Free Report) last issued its earnings results on Thursday, September 4th. The company reported GBX 6 EPS for the quarter. Eurocell had a return on equity of 11.31% and a net margin of 3.51%. Equities analysts expect that Eurocell plc will post 19.470852 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, insider Derek Mapp bought 3,643 shares of the company's stock in a transaction that occurred on Monday, August 4th. The shares were bought at an average price of GBX 149 per share, for a total transaction of £5,428.07. Also, insider Will Truman purchased 1,775 shares of the company's stock in a transaction dated Monday, August 4th. The stock was purchased at an average price of GBX 149 per share, for a total transaction of £2,644.75. Insiders have bought a total of 9,708 shares of company stock valued at $1,446,492 in the last ninety days. Corporate insiders own 4.36% 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.