Eurocell (LON:ECEL) Share Price Passes Above Fifty Day Moving Average – Time to Sell?

Eurocell plc (LON:ECEL) shares passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 108.38 and traded as high as GBX 118. Eurocell shares last traded at GBX 117.50, with a volume of 54,846 shares traded.

Wall Street Analyst Weigh In

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

Eurocell Stock Down 0.0%

The company has a market cap of £115.77 million, a P/E ratio of 12.50 and a beta of 0.60. 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 business’s 50 day moving average price is GBX 108.38 and its 200-day moving average price is GBX 115.93.

Insider Activity

In other Eurocell news, insider Derek Mapp purchased 6,965 shares of the company’s stock in a transaction that occurred on Friday, June 26th. The stock was purchased at an average cost of GBX 110 per share, with a total value of £7,661.50. Also, insider Alison Littley acquired 3,419 shares of the business’s stock in a transaction on Friday, June 26th. The stock was acquired at an average price of GBX 110 per share, with a total value of £3,760.90. Over the last three months, insiders acquired 99,577 shares of company stock worth $10,642,667. 4.66% of the stock is currently owned by 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. 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.