Eurocell (LON:ECEL) Issues Quarterly Earnings Results

Eurocell (LON:ECEL) announced its quarterly earnings results on Thursday. The company reported GBX 6.10 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Eurocell had a net margin of 2.38% and a return on equity of 9.23%.

Eurocell Price Performance

Shares of ECEL opened at GBX 122 on Thursday. The company has a debt-to-equity ratio of 99.05, a quick ratio of 0.87 and a current ratio of 1.53. Eurocell has a 52-week low of GBX 99 and a 52-week high of GBX 140.50. The business’s 50 day moving average price is GBX 116.14 and its two-hundred day moving average price is GBX 113.92. The firm has a market cap of £120.23 million, a PE ratio of 12.98 and a beta of 0.61.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank reiterated a “buy” rating and set a GBX 240 price target on shares of Eurocell in a report on Thursday. Two analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Eurocell has a consensus rating of “Buy” and a consensus target price of GBX 210.

Insider Activity

In related news, insider Angela Rushforth acquired 3,156 shares of the company’s stock in a transaction dated Friday, June 26th. The shares were purchased at an average price of GBX 110 per share, for a total transaction of £3,471.60. Also, insider Alison Littley purchased 3,419 shares of the company’s stock in a transaction that occurred on Friday, June 26th. The shares were purchased at an average cost of GBX 110 per share, for a total transaction of £3,760.90. In the last ninety days, insiders have acquired 35,710 shares of company stock valued at $3,869,513. Corporate insiders own 4.66% of the company’s stock.

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.