Eurocell (LON:ECEL) Hits New 1-Year High at $139.00

Eurocell plc (LON:ECEL) shares reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 139 ($1.72) and last traded at GBX 137.85 ($1.70), with a volume of 21053 shares traded. The stock had previously closed at GBX 134 ($1.66).

Analysts Set New Price Targets

Separately, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 180 ($2.22) price objective on shares of Eurocell in a research note on Tuesday, January 23rd.

Eurocell Stock Down 2.2 %

The firm has a 50 day moving average of GBX 124.16 and a two-hundred day moving average of GBX 122.45. The firm has a market capitalization of £146.93 million, a price-to-earnings ratio of 1,488.89 and a beta of 0.82. 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 firm also recently disclosed a dividend, which will be paid on Wednesday, May 22nd. Investors of record on Thursday, April 25th will be paid a GBX 3.50 ($0.04) dividend. The ex-dividend date is Thursday, April 25th. This is a positive change from Eurocell’s previous dividend of $2.00. This represents a yield of 3.06%. Eurocell’s dividend payout ratio (DPR) is 6,666.67%.

Insider Activity at Eurocell

In other Eurocell news, insider Iraj Amiri acquired 54,892 shares of Eurocell stock in a transaction that occurred on Tuesday, March 26th. The shares were acquired at an average cost of GBX 120 ($1.48) per share, with a total value of £65,870.40 ($81,361.66). In other news, insider Iraj Amiri purchased 54,892 shares of the business’s stock in a transaction dated Tuesday, March 26th. The shares were purchased at an average cost of GBX 120 ($1.48) per share, with a total value of £65,870.40 ($81,361.66). Also, insider Alison Littley acquired 1,300 shares of the stock in a transaction dated Friday, February 9th. The shares were bought at an average price of GBX 125 ($1.54) per share, with a total value of £1,625 ($2,007.16). 1.96% of the stock is currently owned by 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. It operates through Profiles and Building Plastics segments. The company offers UPVC windows; PVCU, Vista, bi-fold, French, composite, and aluminium bi-fold doors; garden rooms; tiled roofs, UPVC conservatories, UPVC fascias and soffits, and UPVC interior products; guttering and rainwater pipes; and cavity closers, profile systems, decking and balustrade, composite fencing, vinyl flooring, and lantern roofs.