Eurocell (LON:ECEL) Shares Down 1.1% – Here’s Why

Eurocell plc (LON:ECEL) shares dropped 1.1% during trading on Friday. The stock traded as low as GBX 139.88 and last traded at GBX 140. 133,335 shares traded hands during mid-day trading, an increase of 5% from the average session volume of 127,338 shares. The stock had previously closed at GBX 141.50.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank restated a “buy” rating and issued a GBX 240 price target on shares of Eurocell in a research note on Thursday, September 3rd. One equities research analyst has rated the stock with a Buy rating. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average target price of GBX 240.

Eurocell Stock Performance

The stock has a market capitalization of £138.49 million, a price-to-earnings ratio of 25.93 and a beta of 0.61. The stock’s 50 day moving average is GBX 138.44 and its 200 day moving average is GBX 121. The company has a current ratio of 1.42, a quick ratio of 0.87 and a debt-to-equity ratio of 102.85.

Eurocell (LON:ECEL) last announced its earnings results on Thursday, September 3rd. The company reported GBX 6.10 earnings per share (EPS) for the quarter. Eurocell had a net margin of 1.35% and a return on equity of 5.51%. On average, analysts predict that Eurocell plc will post 19.47 earnings per share for the current year.

Insider Activity at Eurocell

In related news, insider Will Truman purchased 28,076 shares of the company’s stock in a transaction on Friday, September 18th. The stock was bought at an average price of GBX 132 per share, with a total value of £37,060.32. Also, insider Alison Littley sold 14,121 shares of Eurocell stock in a transaction dated Thursday, October 1st. The stock was sold at an average price of GBX 142, for a total value of £20,051.82. Insiders have bought a total of 118,829 shares of company stock valued at $15,762,493 in the last ninety days. 4.77% of the stock is owned by insiders.

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.