Eurocell plc (LON:ECEL) Insider Acquires £2,050.65 in Stock

Eurocell plc (LON:ECEL) insider Iraj Amiri bought 1,519 shares of the firm’s stock in a transaction dated Tuesday, May 7th. The shares were acquired at an average price of GBX 135 ($1.70) per share, with a total value of £2,050.65 ($2,576.19).

Iraj Amiri also recently made the following trade(s):

• On Tuesday, March 26th, Iraj Amiri purchased 54,892 shares of Eurocell stock. The stock was bought at an average cost of GBX 120 ($1.51) per share, for a total transaction of £65,870.40 ($82,751.76).

Eurocell Stock Performance

ECEL opened at GBX 134 ($1.68) on Friday. Eurocell plc has a 52 week low of GBX 98.80 ($1.24) and a 52 week high of GBX 139 ($1.75). The company has a market capitalization of £146.35 million, a P/E ratio of 1,488.89 and a beta of 0.82. The stock’s fifty day moving average is GBX 126.79 and its two-hundred day moving average is GBX 124.23. The company has a quick ratio of 0.87, a current ratio of 1.70 and a debt-to-equity ratio of 51.27.

Eurocell Increases Dividend

The company also recently disclosed a dividend, which will be paid on Wednesday, May 22nd. Investors of record on Thursday, April 25th will be issued a GBX 3.50 ($0.04) dividend. This is an increase from Eurocell’s previous dividend of $2.00. This represents a dividend yield of 3.06%. The ex-dividend date is Thursday, April 25th. Eurocell’s payout ratio is presently 6,666.67%.

Analyst Ratings Changes

Separately, Berenberg Bank reissued a “buy” rating and issued a GBX 180 ($2.26) price objective on shares of Eurocell in a research report on Tuesday, January 23rd.

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.