Eurocell (LON:ECEL) Shares Pass Below 50-Day Moving Average - What's Next?

Eurocell plc (LON:ECEL - Get Free Report) shares passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 154.07 ($2.08) and traded as low as GBX 152.50 ($2.06). Eurocell shares last traded at GBX 160.50 ($2.17), with a volume of 162,950 shares changing hands.

Analysts Set New Price Targets

Separately, Berenberg Bank reaffirmed a "buy" rating and issued a GBX 300 ($4.05) price objective on shares of Eurocell in a report on Thursday, March 20th.

Eurocell Stock Down 4.3%

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 firm's 50-day moving average is GBX 154.29 and its 200 day moving average is GBX 153.67. The firm has a market capitalization of £158.77 million, a PE ratio of 13.74 and a beta of 0.84.

Insider Buying and Selling at Eurocell

In other news, insider Michael Scott sold 16,099 shares of Eurocell stock in a transaction dated Thursday, April 17th. The shares were sold at an average price of GBX 150 ($2.02), for a total transaction of £24,148.50 ($32,575.88). Also, insider Will Truman purchased 1,689 shares of Eurocell stock in a transaction on Tuesday, June 3rd. The shares were acquired at an average cost of GBX 152 ($2.05) per share, for a total transaction of £2,567.28 ($3,463.21). Over the last 90 days, insiders bought 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.