Eurocell (LON:ECEL) Hits New 52-Week High – Here’s What Happened

Eurocell plc (LON:ECEL)’s share price reached a new 52-week high on Thursday. The company traded as high as GBX 153 and last traded at GBX 147, with a volume of 119323 shares. The stock had previously closed at GBX 148.

Analyst Ratings Changes

Separately, Berenberg Bank restated a “buy” rating and set a GBX 240 price target on shares of Eurocell in a research report on Thursday, September 3rd. Two research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Eurocell has an average rating of “Buy” and an average target price of GBX 210.

Eurocell Trading Down 0.7%

The company has a debt-to-equity ratio of 102.85, a quick ratio of 0.87 and a current ratio of 1.42. The company has a market capitalization of £145.41 million, a P/E ratio of 27.22 and a beta of 0.61. The stock has a fifty day moving average of GBX 126.40 and a 200 day moving average of GBX 115.56.

Eurocell (LON:ECEL) last issued its quarterly earnings results on Thursday, September 3rd. The company reported GBX 6.10 earnings per share (EPS) for the quarter. Eurocell had a return on equity of 5.51% and a net margin of 1.35%. As a group, equities research analysts anticipate that Eurocell plc will post 19.470852 EPS for the current fiscal year.

Insider Buying and Selling

In other news, insider Will Truman purchased 28,076 shares of the company’s stock in a transaction dated Friday, September 18th. The shares were acquired at an average price of GBX 132 per share, with a total value of £37,060.32. Also, insider Angela Rushforth bought 2,157 shares of Eurocell stock in a transaction on Tuesday, September 1st. The stock was purchased at an average price of GBX 121 per share, with a total value of £2,609.97. Insiders purchased 83,829 shares of company stock valued at $10,967,493 over the last 90 days. 4.73% 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.