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

Eurocell plc (LON:ECEL - Get Free Report) passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 153 ($2.05) and traded as low as GBX 149 ($2.00). Eurocell shares last traded at GBX 149 ($2.00), with a volume of 78,832 shares trading hands.

Wall Street Analyst Weigh In

Separately, Berenberg Bank reaffirmed a "buy" rating and set a GBX 300 ($4.03) target price on shares of Eurocell in a research report on Thursday, March 20th.

Eurocell Stock Up 0.3%

The stock has a market cap of £152.15 million, a P/E ratio of 13.16 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. The business has a 50-day simple moving average of GBX 153 and a 200-day simple moving average of GBX 159.83.

Eurocell (LON:ECEL - Get Free Report) last announced its earnings results on Thursday, March 20th. The company reported GBX 14.40 ($0.19) EPS for the quarter. Eurocell had a net margin of 3.51% and a return on equity of 11.31%. Analysts expect that Eurocell plc will post 19.470852 EPS for the current year.

Eurocell Increases Dividend

The firm also recently announced a dividend, which will be paid on Friday, May 23rd. Investors of record on Thursday, April 24th will be paid a dividend of GBX 3.90 ($0.05) per share. This is an increase from Eurocell's previous dividend of $2.20. The ex-dividend date of this dividend is Thursday, April 24th. This represents a yield of 2.52%. Eurocell's dividend payout ratio is presently 52.83%.

Insider Activity at Eurocell

In related news, insider Darren Waters sold 218,688 shares of the stock in a transaction dated Wednesday, April 23rd. The shares were sold at an average price of GBX 149 ($2.00), for a total value of £325,845.12 ($437,376.00). Also, insider Michael Scott sold 16,099 shares of the stock in a transaction dated Thursday, April 17th. The shares were sold at an average price of GBX 150 ($2.01), for a total transaction of £24,148.50 ($32,414.09). 2.13% of the stock is owned by corporate 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.

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