Eurocell (LON:ECEL) Shares Cross Above Fifty Day Moving Average - Here's Why

Eurocell plc (LON:ECEL - Get Free Report) shares crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 152.82 ($2.08) and traded as high as GBX 158 ($2.15). Eurocell shares last traded at GBX 158 ($2.15), with a volume of 65,783 shares.

Analyst Ratings Changes

Separately, Berenberg Bank reiterated a "buy" rating and issued a GBX 300 ($4.08) price target on shares of Eurocell in a research note on Thursday, March 20th.

Eurocell Price Performance

The company has a debt-to-equity ratio of 58.43, a quick ratio of 0.87 and a current ratio of 1.58. The business has a 50 day moving average price of GBX 152.82 and a 200-day moving average price of GBX 157.39. The company has a market capitalization of £160.29 million, a price-to-earnings ratio of 13.87 and a beta of 0.84.

Eurocell (LON:ECEL - Get Free Report) last released its quarterly earnings results on Thursday, March 20th. The company reported GBX 14.40 ($0.20) EPS for the quarter. Eurocell had a return on equity of 11.31% and a net margin of 3.51%. Research analysts predict that Eurocell plc will post 19.470852 EPS for the current fiscal year.

Eurocell Increases Dividend

The company also recently declared a dividend, which was paid on Friday, May 23rd. Shareholders of record on Thursday, April 24th were issued a GBX 3.90 ($0.05) dividend. This represents a yield of 2.52%. This is an increase from Eurocell's previous dividend of $2.20. The ex-dividend date of this dividend was Thursday, April 24th. Eurocell's dividend payout ratio (DPR) is presently 52.83%.

Insider Activity

In other Eurocell news, insider Alison Littley acquired 1,812 shares of the company's stock in a transaction on Tuesday, June 3rd. The stock was acquired at an average price of GBX 152 ($2.07) per share, for a total transaction of £2,754.24 ($3,749.82). Also, insider Will Truman acquired 1,689 shares of the business's stock in a transaction on Tuesday, June 3rd. The shares were purchased at an average cost of GBX 152 ($2.07) per share, for a total transaction of £2,567.28 ($3,495.28). In the last 90 days, insiders acquired 9,466 shares of company stock worth $1,438,832. 2.13% of the stock is currently owned by insiders.

Eurocell Company Profile

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.