Eurocell (LON:ECEL) Insider Buys 1,835 Shares of Stock

Key Points

• Eurocell insider Iraj Amiri bought 1,835 shares at GBX 121 each, investing £2,220.35; he also purchased 2,641 shares in June.
• Eurocell shares fell 2.0% to GBX 121 during midday trading, while the company reported quarterly EPS of GBX 6.10.
• Analysts remain positive, with Berenberg reaffirming a “Buy” rating and a GBX 240 price target; the consensus rating is “Buy” with an average target of GBX 210.

Eurocell plc (LON:ECEL - Get Free Report) insider Iraj Amiri acquired 1,835 shares of the company's stock in a transaction dated Tuesday, September 1st. The stock was acquired at an average cost of GBX 121 per share, with a total value of £2,220.35.

Iraj Amiri also recently made the following trade(s):

• On Friday, June 26th, Iraj Amiri bought 2,641 shares of Eurocell stock. The stock was acquired at an average cost of GBX 110 per share, for a total transaction of £2,905.10.

Eurocell Stock Down 2.0%

Shares of LON:ECEL traded down GBX 2.50 during midday trading on Thursday, hitting GBX 121. 219,524 shares of the company's stock traded hands, compared to its average volume of 112,126. The company has a debt-to-equity ratio of 99.05, a quick ratio of 0.87 and a current ratio of 1.53. The company has a market cap of £119.25 million, a PE ratio of 12.87 and a beta of 0.61. The firm's fifty day moving average price is GBX 116.14 and its two-hundred day moving average price is GBX 113.92. Eurocell plc has a twelve month low of GBX 99 and a twelve month high of GBX 140.50.

Eurocell (LON:ECEL - Get Free Report) last announced its quarterly earnings results on Thursday, September 3rd. The company reported GBX 6.10 earnings per share (EPS) for the quarter. Eurocell had a return on equity of 9.23% and a net margin of 2.38%. On average, equities research analysts anticipate that Eurocell plc will post 19.470852 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank reiterated a "buy" rating and issued a GBX 240 target price on shares of Eurocell in a research note on Thursday. Two research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock has a consensus rating of "Buy" and an average target price of GBX 210.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source