Eurocell (LON:ECEL) Stock Crosses Above 50-Day Moving Average – Time to Sell?

Eurocell plc (LON:ECEL)’s share price crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 170.21 ($2.22) and traded as high as GBX 184 ($2.40). Eurocell shares last traded at GBX 179 ($2.33), with a volume of 1,222,720 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank raised their target price on shares of Eurocell from GBX 180 ($2.34) to GBX 200 ($2.60) and gave the company a “buy” rating in a research note on Wednesday, September 4th.

Eurocell Stock Performance

The stock has a market cap of £181.71 million, a P/E ratio of 1,609.09 and a beta of 0.84. The stock has a fifty day simple moving average of GBX 171.49 and a 200-day simple moving average of GBX 149.89. The company has a quick ratio of 0.87, a current ratio of 1.59 and a debt-to-equity ratio of 58.43.

Eurocell Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, October 11th. Investors of record on Thursday, September 12th were paid a dividend of GBX 2.20 ($0.03) per share. This represents a yield of 1.52%. The ex-dividend date of this dividend was Thursday, September 12th. Eurocell’s payout ratio is 5,454.55%.

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.