Eurocell (LON:ECEL) Trading Down 0.6% – Should You Sell?

Eurocell plc (LON:ECEL)’s stock price was down 0.6% during trading on Thursday . The company traded as low as GBX 157.50 ($2.09) and last traded at GBX 158.50 ($2.10). Approximately 323,780 shares were traded during mid-day trading, an increase of 93% from the average daily volume of 167,819 shares. The stock had previously closed at GBX 159.50 ($2.12).

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reissued a “buy” rating and issued a GBX 300 ($3.98) price objective on shares of Eurocell in a research report on Thursday, March 20th.

Eurocell Price 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’s 50-day moving average is GBX 152.89 and its 200 day moving average is GBX 161.36. The stock has a market capitalization of £149.73 million, a PE ratio of 12.95 and a beta of 0.84.

Eurocell (LON:ECEL) last posted its earnings results on Thursday, March 20th. The company reported GBX 14.40 ($0.19) EPS for the quarter. Eurocell had a net margin of 3.51% and a return on equity of 11.31%. As a group, equities analysts expect that Eurocell plc will post 19.470852 earnings per share for the current year.

Eurocell Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, May 23rd. Investors of record on Thursday, April 24th will be given a GBX 3.90 ($0.05) dividend. This represents a dividend yield of 2.52%. This is an increase from Eurocell’s previous dividend of $2.20. The ex-dividend date is Thursday, April 24th. Eurocell’s dividend payout ratio (DPR) is 52.83%.

Insider Activity at Eurocell

In other news, insider Michael Scott sold 16,099 shares of the firm’s stock in a transaction on Thursday, April 17th. The shares were sold at an average price of GBX 150 ($1.99), for a total value of £24,148.50 ($32,035.69). Also, insider Darren Waters sold 218,688 shares of the firm’s stock in a transaction on Wednesday, April 23rd. The stock was sold at an average price of GBX 149 ($1.98), for a total transaction of £325,845.12 ($432,269.99). Insiders own 2.13% of the company’s stock.

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.