Eurocell (LON:ECEL) Shares Cross Above Fifty Day Moving Average – Should You Sell?

Eurocell plc (LON:ECEL) passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 114.38 and traded as high as GBX 121. Eurocell shares last traded at GBX 120.50, with a volume of 70,440 shares trading hands.

Analysts Set New Price Targets

Separately, Berenberg Bank restated a “buy” rating and set a GBX 240 price target on shares of Eurocell in a research note on Thursday, May 14th. Two analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of GBX 210.

Eurocell Price Performance

The stock has a market cap of £119.74 million, a P/E ratio of 12.93 and a beta of 0.61. The company has a current ratio of 1.53, a quick ratio of 0.87 and a debt-to-equity ratio of 99.05. The company’s fifty day simple moving average is GBX 114.66 and its 200-day simple moving average is GBX 114.17.

Insider Transactions at Eurocell

In related news, insider Will Truman bought 18,676 shares of the company’s stock in a transaction dated Monday, June 15th. The stock was acquired at an average cost of GBX 107 per share, with a total value of £19,983.32. Also, insider Iraj Amiri acquired 2,641 shares of the company’s stock in a transaction on Friday, June 26th. The shares were bought at an average price of GBX 110 per share, with a total value of £2,905.10. Over the last three months, 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.