Eurocell (LON:ECEL) Announces Earnings Results

Key Points

• Eurocell reported earnings of GBX 6 per share for the quarter, with a return on equity of 11.31% and a net margin of 3.51%.
• Analysts at Berenberg Bank have lowered their target price for Eurocell from GBX 300 to GBX 270, maintaining a "buy" rating.
• Insiders at Eurocell have been active, acquiring 9,708 shares of the company's stock in the past three months.

Eurocell (LON:ECEL - Get Free Report) issued its quarterly earnings results on Thursday. The company reported GBX 6 EPS for the quarter, Digital Look Earnings reports. Eurocell had a return on equity of 11.31% and a net margin of 3.51%.

Eurocell Price Performance

Shares of ECEL stock traded up GBX 2.50 on Monday, reaching GBX 130.50. The company's stock had a trading volume of 120,906 shares, compared to its average volume of 180,843. The stock's fifty day simple moving average is GBX 149.26 and its 200-day simple moving average is GBX 150.88. Eurocell has a 1 year low of GBX 122.50 and a 1 year high of GBX 191. 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 company has a market capitalization of £131.24 million, a price-to-earnings ratio of 1,345.36 and a beta of 0.84.

Insiders Place Their Bets

In related news, insider Derek Mapp acquired 3,643 shares of the stock in a transaction dated Monday, August 4th. The stock was acquired at an average cost of GBX 149 per share, with a total value of £5,428.07. Also, insider Iraj Amiri acquired 1,441 shares of the stock in a transaction dated Monday, August 4th. The stock was bought at an average cost of GBX 149 per share, with a total value of £2,147.09. Over the last three months, insiders purchased 9,708 shares of company stock worth $1,446,492. 4.36% of the stock is currently owned by company insiders.

Analyst Ratings Changes

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

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.