Insider Buying: Eurocell plc (LON:ECEL) Insider Acquires 54,892 Shares of Stock

Posted by Tyrone Williams on Mar 28th, 2024

Eurocell plc (LON:ECEL – Get Free Report) insider Iraj Amiri acquired 54,892 shares of the stock in a transaction on Tuesday, March 26th. The shares were acquired at an average price of GBX 120 ($1.52) per share, with a total value of £65,870.40 ($83,243.27).

Eurocell Trading Up 3.2 %

ECEL stock opened at GBX 130.50 ($1.65) on Friday. The firm’s fifty day simple moving average is GBX 121.75 and its two-hundred day simple moving average is GBX 119.94. The stock has a market capitalization of £143.50 million, a price-to-earnings ratio of 1,450.00 and a beta of 0.80. The company has a quick ratio of 0.87, a current ratio of 1.70 and a debt-to-equity ratio of 51.27. Eurocell plc has a twelve month low of GBX 98.80 ($1.25) and a twelve month high of GBX 140 ($1.77).

Eurocell Increases Dividend

The firm also recently announced a dividend, which will be paid on Wednesday, May 22nd. Stockholders of record on Thursday, April 25th will be paid a dividend of GBX 3.50 ($0.04) per share. This is a boost from Eurocell’s previous dividend of $2.00. The ex-dividend date of this dividend is Thursday, April 25th. This represents a dividend yield of 3.06%. Eurocell’s dividend payout ratio is currently 6,666.67%.

Analysts Set New Price Targets

Separately, Berenberg Bank reiterated a “buy” rating and issued a GBX 180 ($2.27) target price on shares of Eurocell in a report on Tuesday, January 23rd.

Get Our Latest Stock Analysis on Eurocell

About Eurocell

(Get Free Report)

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. It operates through Profiles and Building Plastics segments. The company offers UPVC windows; PVCU, Vista, bi-fold, French, composite, and aluminium bi-fold doors; garden rooms; tiled roofs, UPVC conservatories, UPVC fascias and soffits, and UPVC interior products; guttering and rainwater pipes; and cavity closers, profile systems, decking and balustrade, composite fencing, vinyl flooring, and lantern roofs.