Eurocell (LON:ECEL) Sets New 12-Month High – Time to Buy?

Eurocell plc (LON:ECEL) shares hit a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 191 ($2.48) and last traded at GBX 183 ($2.37), with a volume of 92254 shares trading hands. The stock had previously closed at GBX 188 ($2.44).

Analyst Upgrades and Downgrades

Separately, Berenberg Bank raised their target price on shares of Eurocell from GBX 180 ($2.33) to GBX 200 ($2.59) and gave the stock a “buy” rating in a research report on Wednesday, September 4th.

Eurocell Stock Up 1.1 %

The company has a quick ratio of 0.87, a current ratio of 1.59 and a debt-to-equity ratio of 58.43. The company has a market capitalization of £188.89 million, a price-to-earnings ratio of 1,672.73 and a beta of 0.84. The business’s 50-day moving average is GBX 167.83 and its 200-day moving average is GBX 148.19.

Eurocell Cuts Dividend

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

Insider Activity

In other Eurocell news, insider Iraj Amiri purchased 1,456 shares of Eurocell stock in a transaction that occurred on Tuesday, August 6th. The stock was bought at an average price of GBX 145 ($1.88) per share, with a total value of £2,111.20 ($2,737.91). Insiders own 2.13% 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.