Eurocell (LON:ECEL) Share Price Passes Above 50-Day Moving Average – What’s Next?

Eurocell plc (LON:ECEL) passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 127.79 and traded as high as GBX 133.50. Eurocell shares last traded at GBX 130.50, with a volume of 177,619 shares traded.

Analyst Ratings Changes

Several research firms have issued reports on ECEL. Peel Hunt reaffirmed a “buy” rating and set a GBX 180 price target on shares of Eurocell in a report on Tuesday, November 4th. Berenberg Bank lowered their price objective on shares of Eurocell from GBX 270 to GBX 240 and set a “buy” rating on the stock in a research report on Thursday, January 22nd. Two equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of GBX 210.

Eurocell Stock Up 0.3%

The company has a current ratio of 1.58, a quick ratio of 0.87 and a debt-to-equity ratio of 58.43. The stock has a market cap of £129.36 million, a P/E ratio of 17.94 and a beta of 0.84. The company’s 50 day moving average price is GBX 127.79 and its two-hundred day moving average price is GBX 131.23.

Insider Transactions at Eurocell

In related news, insider Derek Mapp bought 4,227 shares of the firm’s stock in a transaction that occurred on Monday, February 2nd. The shares were bought at an average cost of GBX 128 per share, with a total value of £5,410.56. Also, insider Angela Rushforth bought 1,184 shares of the stock in a transaction that occurred on Monday, February 2nd. The shares were bought at an average price of GBX 128 per share, for a total transaction of £1,515.52. Insiders have acquired 7,555 shares of company stock worth $967,040 in the last 90 days. 4.49% 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. 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.