Eurocell (LON:ECEL) Stock Price Down 2.1% – Here’s Why

Eurocell plc (LON:ECEL) fell 2.1% on Wednesday . The stock traded as low as GBX 182 ($2.30) and last traded at GBX 184 ($2.32). 77,521 shares changed hands during mid-day trading, a decline of 73% from the average session volume of 291,548 shares. The stock had previously closed at GBX 188 ($2.37).

Analyst Ratings Changes

Separately, Berenberg Bank boosted their target price on Eurocell from GBX 180 ($2.27) to GBX 200 ($2.52) and gave the stock a “buy” rating in a research report on Wednesday, September 4th.

Eurocell Trading Down 1.7 %

The company has a debt-to-equity ratio of 58.43, a current ratio of 1.59 and a quick ratio of 0.87. The business’s 50-day simple moving average is GBX 179.38 and its two-hundred day simple moving average is GBX 157.91. The stock has a market capitalization of £181.71 million, a price-to-earnings ratio of 1,609.09 and a beta of 0.84.

Insider Activity

In other news, insider Alison Littley purchased 1,402 shares of the company’s stock in a transaction that occurred on Friday, November 8th. The shares were purchased at an average price of GBX 178 ($2.25) per share, with a total value of £2,495.56 ($3,149.77). 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.