Eurocell (LON:ECEL) Shares Pass Above 50 Day Moving Average – Time to Sell?

Shares of Eurocell plc (LON:ECEL) passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 107.97 and traded as high as GBX 108. Eurocell shares last traded at GBX 103.50, with a volume of 27,388 shares traded.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 240 price target on shares of Eurocell in a research note on Thursday, May 14th. Two equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of GBX 210.

Eurocell Stock Down 0.5%

The company has a debt-to-equity ratio of 99.05, a current ratio of 1.53 and a quick ratio of 0.87. The firm has a 50 day simple moving average of GBX 107.97 and a 200-day simple moving average of GBX 118.95. The stock has a market capitalization of £102.00 million, a price-to-earnings ratio of 11.01 and a beta of 0.60.

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

Insiders Place Their Bets

In other Eurocell news, insider Derek Mapp purchased 17,589 shares of the company’s stock in a transaction that occurred on Thursday, March 19th. The stock was purchased at an average cost of GBX 113 per share, with a total value of £19,875.57. Also, insider Will Truman purchased 20,205 shares of the company’s stock in a transaction that occurred on Monday, May 18th. The shares were acquired at an average cost of GBX 104 per share, with a total value of £21,013.20. Insiders have purchased a total of 105,975 shares of company stock valued at $11,531,358 over the last ninety days. Insiders own 4.62% 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. 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.