Eurocell (LON:ECEL) Stock Price Crosses Below 50 Day Moving Average – Here’s Why

Eurocell plc (LON:ECEL) passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 125.96 and traded as low as GBX 125.50. Eurocell shares last traded at GBX 125.50, with a volume of 189,056 shares.

Analysts Set New Price Targets

Separately, Peel Hunt reissued a “buy” rating and set a GBX 180 price target on shares of Eurocell in a research report on Tuesday, November 4th. Two investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, Eurocell currently has a consensus rating of “Buy” and an average price target of GBX 225.

Eurocell Price Performance

The firm has a fifty day moving average of GBX 125.96 and a 200 day moving average of GBX 136.54. The company has a current ratio of 1.58, a quick ratio of 0.87 and a debt-to-equity ratio of 58.43. The company has a market capitalization of £125.34 million, a P/E ratio of 17.19 and a beta of 0.84.

Insider Transactions at Eurocell

In related news, insider Derek Mapp bought 4,227 shares of the company’s stock in a transaction that occurred on Friday, November 7th. The shares were bought at an average price of GBX 129 per share, for a total transaction of £5,452.83. Also, insider Alison Littley bought 1,904 shares of the business’s stock in a transaction on Friday, November 7th. The stock was bought at an average cost of GBX 129 per share, with a total value of £2,456.16. Over the last three months, insiders purchased 10,759 shares of company stock valued at $1,387,911. Company insiders own 4.45% of the company’s stock.

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.