Eurocell (LON:ECEL) Stock Crosses Above 50-Day Moving Average of $136.42

Eurocell plc (LON:ECEL)’s share price passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 136.42 ($1.76) and traded as high as GBX 151 ($1.95). Eurocell shares last traded at GBX 151 ($1.95), with a volume of 32,355 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank reiterated a “buy” rating and issued a GBX 180 ($2.33) target price on shares of Eurocell in a research note on Tuesday, July 9th.

Eurocell Trading Down 1.3 %

The firm’s 50-day simple moving average is GBX 136.78 and its 200-day simple moving average is GBX 130.19. The firm has a market capitalization of £161.08 million, a P/E ratio of 1,655.56 and a beta of 0.81. The company has a quick ratio of 0.87, a current ratio of 1.70 and a debt-to-equity ratio of 51.27.

Insider Transactions at Eurocell

In other news, insider Iraj Amiri bought 1,519 shares of Eurocell stock in a transaction that occurred on Tuesday, May 7th. The shares were acquired at an average price of GBX 135 ($1.75) per share, with a total value of £2,050.65 ($2,652.16). 2.00% of the stock is currently owned by 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.