Eurocell (LON:ECEL) Stock Passes Below 50 Day Moving Average - Here's What Happened

Shares of Eurocell plc (LON:ECEL - Get Free Report) crossed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 154.07 ($2.09) and traded as low as GBX 152.50 ($2.07). Eurocell shares last traded at GBX 160.50 ($2.18), with a volume of 162,950 shares.

Wall Street Analysts Forecast Growth

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

Eurocell Price Performance

The company's fifty day moving average price is GBX 154.12 and its two-hundred day moving average price is GBX 153.86. The company has a market cap of £155.20 million, a price-to-earnings ratio of 13.43 and a beta of 0.84. The company has a quick ratio of 0.87, a current ratio of 1.58 and a debt-to-equity ratio of 58.43.

Insider Activity at Eurocell

In other Eurocell news, insider Will Truman purchased 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, with a total value of £2,567.28 ($3,489.10). Also, insider Michael Scott sold 16,099 shares of the stock in a transaction dated Thursday, April 17th. The stock was sold at an average price of GBX 150 ($2.04), for a total transaction of £24,148.50 ($32,819.38). Insiders acquired 9,466 shares of company stock valued at $1,438,832 over the last ninety days. Company insiders own 2.13% 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.