Eurocell (LON:ECEL) Share Price Crosses Below 200-Day Moving Average – Here’s What Happened

Shares of Eurocell plc (LON:ECELGet Free Report) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 165.78 ($2.15) and traded as low as GBX 157.65 ($2.04). Eurocell shares last traded at GBX 160 ($2.07), with a volume of 198,885 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reiterated a “buy” rating and issued a GBX 300 ($3.88) price objective on shares of Eurocell in a research report on Thursday, March 20th.

Read Our Latest Analysis on ECEL

Eurocell Stock Up 2.6 %

The company has a debt-to-equity ratio of 58.43, a current ratio of 1.58 and a quick ratio of 0.87. The firm has a market capitalization of £162.84 million, a price-to-earnings ratio of 14.09 and a beta of 0.84. The firm’s 50-day moving average price is GBX 149.16 and its 200 day moving average price is GBX 165.78.

Eurocell (LON:ECELGet Free Report) last announced its earnings results on Thursday, March 20th. The company reported GBX 14.40 ($0.19) EPS for the quarter. Eurocell had a return on equity of 11.31% and a net margin of 3.51%. Sell-side analysts expect that Eurocell plc will post 19.470852 EPS for the current year.

Eurocell Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, May 23rd. Investors of record on Thursday, April 24th will be given a dividend of GBX 3.90 ($0.05) per share. This represents a yield of 2.52%. The ex-dividend date is Thursday, April 24th. This is a boost from Eurocell’s previous dividend of $2.20. Eurocell’s dividend payout ratio (DPR) is currently 52.83%.

Insider Activity at Eurocell

In other news, insider Alison Littley purchased 1,804 shares of the company’s stock in a transaction on Monday, February 10th. The stock was bought at an average cost of GBX 145 ($1.88) per share, for a total transaction of £2,615.80 ($3,385.71). 2.13% of the stock is currently owned by corporate insiders.

About Eurocell

(Get Free Report)

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.

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