Eurocell (LON:ECEL) Stock Price Passes Above 50 Day Moving Average – Should You Sell?

Shares of Eurocell plc (LON:ECEL) passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 127.79 and traded as high as GBX 133.50. Eurocell shares last traded at GBX 130.50, with a volume of 177,619 shares.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the company. Peel Hunt reiterated a “buy” rating and issued a GBX 180 target price on shares of Eurocell in a research report on Tuesday, November 4th. Berenberg Bank decreased their price objective on Eurocell from GBX 270 to GBX 240 and set a “buy” rating on the stock in a report on Thursday, January 22nd. Two investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company has an average rating of “Buy” and an average target price of GBX 210.

Eurocell Trading Up 0.3%

The company’s 50 day moving average price is GBX 127.79 and its two-hundred day moving average price is GBX 131.23. The firm has a market cap of £129.36 million, a PE ratio of 17.94 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.

Insider Buying and Selling

In other Eurocell news, insider Derek Mapp bought 4,227 shares of the business’s stock in a transaction dated Monday, February 2nd. The shares were purchased at an average price of GBX 128 per share, with a total value of £5,410.56. Also, insider Alison Littley purchased 2,144 shares of Eurocell stock in a transaction dated Monday, February 2nd. The stock was acquired at an average price of GBX 128 per share, for a total transaction of £2,744.32. Insiders have bought 7,555 shares of company stock valued at $967,040 in the last ninety days. 4.49% of the stock is owned by company insiders.

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. In addition, the company provides polycarbonate, roofing insulation and membrane, lightweight roofing and tiles, flashing, flat roofing, dry verge, roof lanterns and glazing, ladders, and access equipment; external and internal cladding; and sealants, adhesives, and cleaners.