Eurocell (LON:ECEL) Sets New 52-Week High at $179.00

Eurocell plc (LON:ECEL) reached a new 52-week high on Thursday . The company traded as high as GBX 179 ($2.40) and last traded at GBX 176 ($2.36), with a volume of 1608264 shares changing hands. The stock had previously closed at GBX 168 ($2.25).

Wall Street Analyst Weigh In

Separately, Berenberg Bank raised their target price on Eurocell from GBX 180 ($2.41) to GBX 200 ($2.68) and gave the stock a “buy” rating in a research report on Wednesday, September 4th.

Eurocell Price Performance

The company has a current ratio of 1.59, a quick ratio of 0.87 and a debt-to-equity ratio of 58.43. The business’s 50-day simple moving average is GBX 151.46 and its two-hundred day simple moving average is GBX 138.22. The firm has a market cap of £183.02 million, a price-to-earnings ratio of 1,554.55 and a beta of 0.84.

Eurocell Cuts Dividend

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

Insider Activity at Eurocell

In other Eurocell news, insider Iraj Amiri purchased 1,456 shares of the firm’s stock in a transaction on Tuesday, August 6th. The stock was purchased at an average cost of GBX 145 ($1.94) per share, for a total transaction of £2,111.20 ($2,827.00). 2.10% 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.