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

Key Points

• Eurocell crossed below its 50-day moving average, trading as low as GBX 110 (50‑day MA GBX 117.86) and last at GBX 110.50 on volume of 158,293 shares.
• Analysts remain positive — Berenberg reaffirmed a Buy rating with a GBX 240 target and the consensus rating is Buy with a consensus price target of GBX 210.
• Insiders have bought 49,663 shares in the past 90 days (insiders own 4.52%), while Eurocell trades at a PE of 11.91 with market cap £110.38m and reported quarterly EPS of GBX 14.60 on £403.5m revenue.

Eurocell plc (LON:ECEL - Get Free Report) crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 117.86 and traded as low as GBX 110. Eurocell shares last traded at GBX 110.50, with a volume of 158,293 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank reaffirmed a "buy" rating and issued a GBX 240 target price on shares of Eurocell in a research report on Thursday, March 19th. Two equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, Eurocell currently has a consensus rating of "Buy" and a consensus price target of GBX 210.

Eurocell Trading Up 1.4%

The firm's 50 day simple moving average is GBX 117.86 and its 200-day simple moving average is GBX 123.54. The company has a market capitalization of £110.38 million, a PE ratio of 11.91 and a beta of 0.64. The company has a quick ratio of 0.87, a current ratio of 1.53 and a debt-to-equity ratio of 99.05.

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

Insider Buying and Selling

In related news, insider Derek Mapp acquired 17,589 shares of Eurocell stock in a transaction on Thursday, March 19th. The shares were bought at an average price of GBX 113 per share, for a total transaction of £19,875.57. Also, insider Will Truman bought 24,519 shares of the firm's stock in a transaction dated Monday, March 23rd. The stock was bought at an average cost of GBX 113 per share, with a total value of £27,706.47. Insiders have bought a total of 49,663 shares of company stock valued at $5,725,244 in the last 90 days. 4.52% of the stock is currently owned by company 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.

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