Eurocell plc (LON:ECEL – Get Free Report) shares reached a new 52-week high on Thursday . The stock traded as high as GBX 184 ($2.39) and last traded at GBX 180 ($2.34), with a volume of 776241 shares. The stock had previously closed at GBX 178 ($2.31).
Wall Street Analyst Weigh In
Separately, Berenberg Bank increased their price target on Eurocell from GBX 180 ($2.34) to GBX 200 ($2.60) and gave the stock a “buy” rating in a report on Wednesday, September 4th.
View Our Latest Report on Eurocell
Eurocell Stock Performance
Eurocell Cuts Dividend
The firm also recently announced a dividend, which was paid on Friday, October 11th. Shareholders of record on Thursday, September 12th were issued a dividend of GBX 2.20 ($0.03) per share. The ex-dividend date was Thursday, September 12th. This represents a yield of 1.52%. Eurocell’s payout ratio is 5,454.55%.
Insider Activity
In other news, insider Iraj Amiri bought 1,456 shares of Eurocell stock in a transaction that occurred on Tuesday, August 6th. The shares were acquired at an average price of GBX 145 ($1.88) per share, with a total value of £2,111.20 ($2,741.11). 2.13% of the stock is owned by company 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.
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