Eurocell (LON:ECEL) Share Price Passes Above Fifty Day Moving Average – Should You Sell?

Shares of 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 108.38 and traded as high as GBX 118. Eurocell shares last traded at GBX 117.50, with a volume of 54,846 shares.

Analyst Ratings Changes

Separately, Berenberg Bank reiterated 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, According to MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of GBX 210.

Eurocell Price Performance

The company has a quick ratio of 0.87, a current ratio of 1.53 and a debt-to-equity ratio of 99.05. The stock has a market cap of £115.77 million, a price-to-earnings ratio of 12.50 and a beta of 0.60. The company’s 50-day moving average is GBX 108.38 and its 200-day moving average is GBX 115.93.

Insiders Place Their Bets

In related news, insider Derek Mapp bought 6,965 shares of the business’s stock in a transaction that occurred on Friday, June 26th. The stock was acquired at an average price of GBX 110 per share, for a total transaction of £7,661.50. Also, insider Will Truman purchased 43,662 shares of the firm’s stock in a transaction that occurred on Monday, May 18th. The stock was bought at an average cost of GBX 107 per share, for a total transaction of £46,718.34. Insiders acquired a total of 99,577 shares of company stock worth $10,642,667 in the last 90 days. 4.66% of the stock is owned by corporate 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.