Eurocell (LON:ECEL) Hits New 12-Month High – Should You Buy?

Shares of Eurocell plc (LON:ECEL) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 191 ($2.48) and last traded at GBX 183 ($2.37), with a volume of 92254 shares trading hands. The stock had previously closed at GBX 188 ($2.44).

Analysts Set New Price Targets

Separately, Berenberg Bank raised their price objective on shares of Eurocell from GBX 180 ($2.33) to GBX 200 ($2.59) and gave the stock a “buy” rating in a report on Wednesday, September 4th.

Eurocell Price Performance

The stock has a market cap of £187.87 million, a P/E ratio of 1,709.09 and a beta of 0.84. 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 company’s 50 day simple moving average is GBX 166.15 and its 200 day simple moving average is GBX 147.44.

Eurocell Cuts Dividend

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

Insider Buying and Selling

In other Eurocell news, insider Iraj Amiri acquired 1,456 shares of the company’s stock in a transaction on Tuesday, August 6th. The stock was acquired at an average price of GBX 145 ($1.88) per share, for a total transaction of £2,111.20 ($2,737.91). 2.13% of the stock is owned by 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.