Eurocell (LON:ECEL) Shares Pass Below 50-Day Moving Average – Should You Sell?

Posted by Jared Coughlin on Dec 20th, 2024

Eurocell plc (LON:ECEL – Get Free Report) passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 179.60 ($2.24) and traded as low as GBX 171 ($2.14). Eurocell shares last traded at GBX 175 ($2.19), with a volume of 138,185 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank upped their price objective on Eurocell from GBX 180 ($2.25) to GBX 200 ($2.50) and gave the stock a “buy” rating in a report on Wednesday, September 4th.

Get Our Latest Report on Eurocell

Eurocell Price Performance

The firm has a market capitalization of £182.22 million, a P/E ratio of 1,613.58 and a beta of 0.84. The business’s 50-day simple moving average is GBX 179.60 and its 200 day simple moving average is GBX 159.16. The company has a quick ratio of 0.87, a current ratio of 1.59 and a debt-to-equity ratio of 58.43.

Insider Buying and Selling

In related news, insider Alison Littley purchased 1,402 shares of Eurocell stock in a transaction that occurred on Friday, November 8th. The shares were acquired at an average cost of GBX 178 ($2.22) per share, for a total transaction of £2,495.56 ($3,119.06). 2.13% of the stock is owned by corporate insiders.

About Eurocell

(Get Free Report)

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.