Eurocell (LON:ECEL) Share Price Crosses Below 200 Day Moving Average – Time to Sell?

Shares of Eurocell plc (LON:ECEL) 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 trading hands.

Analysts Set New Price Targets

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

Eurocell Stock Up 2.6 %

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

Eurocell (LON:ECEL) last issued its quarterly earnings data on Thursday, March 20th. The company reported GBX 14.40 ($0.19) EPS for the quarter. Eurocell had a net margin of 3.51% and a return on equity of 11.31%. As a group, research analysts forecast that Eurocell plc will post 19.470852 EPS for the current fiscal year.

Eurocell Increases Dividend

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

Insider Activity

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

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.