Eurocell (LON:ECEL) Reaches New 12-Month Low – Here’s Why

Shares of Eurocell plc (LON:ECEL) hit a new 52-week low during trading on Wednesday . The stock traded as low as GBX 118 and last traded at GBX 118.50, with a volume of 101838 shares trading hands. The stock had previously closed at GBX 122.

Analysts Set New Price Targets

ECEL has been the subject of several recent analyst reports. Berenberg Bank decreased their target price on shares of Eurocell from GBX 300 to GBX 270 and set a “buy” rating for the company in a report on Thursday, September 4th. Peel Hunt restated a “buy” rating and issued a GBX 180 price objective on shares of Eurocell in a report on Tuesday, November 4th. Two equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of GBX 225.

Eurocell Stock Performance

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 stock has a market cap of £118.73 million, a P/E ratio of 16.23 and a beta of 0.84. The business’s 50-day moving average price is GBX 128.24 and its 200-day moving average price is GBX 142.83.

Eurocell (LON:ECEL) last released its quarterly earnings results on Thursday, September 4th. The company reported GBX 6 earnings per share (EPS) for the quarter. Eurocell had a return on equity of 11.31% and a net margin of 3.51%. As a group, sell-side analysts expect that Eurocell plc will post 19.470852 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Eurocell news, insider Iraj Amiri acquired 1,672 shares of the company’s stock in a transaction dated Friday, November 7th. The stock was purchased at an average price of GBX 129 per share, with a total value of £2,156.88. Also, insider Will Truman purchased 1,772 shares of the company’s stock in a transaction on Friday, November 7th. The stock was acquired at an average price of GBX 129 per share, with a total value of £2,285.88. Over the last ninety days, insiders bought 10,759 shares of company stock valued at $1,387,911. Insiders own 4.37% of the company’s stock.

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.