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

Eurocell plc (LON:ECEL) hit a new 52-week low on Thursday . The company traded as low as GBX 99.80 and last traded at GBX 104, with a volume of 650139 shares. The stock had previously closed at GBX 103.50.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 240 price target on shares of Eurocell in a research report on Thursday. Two equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of GBX 210.

Eurocell Price Performance

The stock has a market capitalization of £101.51 million, a P/E ratio of 10.96 and a beta of 0.64. 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 business has a fifty day simple moving average of GBX 111.92 and a 200-day simple moving average of GBX 121.63.

Eurocell (LON:ECEL) last released its quarterly earnings data on Thursday, April 16th. The company reported GBX 14.60 earnings per share for the quarter. The company had revenue of £403.50 million during the quarter. Eurocell had a net margin of 2.38% and a return on equity of 9.23%. Sell-side analysts expect that Eurocell plc will post 19.470852 earnings per share for the current fiscal year.

Insider Activity

In other news, insider Derek Mapp purchased 17,589 shares of the company’s stock in a transaction that occurred on Thursday, March 19th. The shares were acquired at an average cost of GBX 113 per share, with a total value of £19,875.57. Also, insider Will Truman purchased 24,519 shares of the business’s stock in a transaction on Monday, March 23rd. The stock was purchased at an average price of GBX 113 per share, for a total transaction of £27,706.47. 4.52% of the stock is currently owned by corporate insiders.

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.