Eurocell (LON:ECEL – Free Report) had its price objective decreased by Berenberg Bank from GBX 220 ($2.78) to GBX 180 ($2.27) in a research report sent to investors on Tuesday morning, Marketbeat reports. Berenberg Bank currently has a buy rating on the stock.
Eurocell Trading Up 2.8 %
LON:ECEL opened at GBX 111 ($1.40) on Tuesday. The firm has a 50 day moving average of GBX 110.44 and a 200 day moving average of GBX 121.45. The stock has a market capitalization of £124.42 million, a price-to-earnings ratio of 555.00 and a beta of 0.80. The company has a quick ratio of 0.87, a current ratio of 1.91 and a debt-to-equity ratio of 73.11. Eurocell has a 52 week low of GBX 98.80 ($1.25) and a 52 week high of GBX 169.88 ($2.15).
Eurocell Cuts Dividend
The business also recently declared a dividend, which will be paid on Friday, October 6th. Stockholders of record on Thursday, September 14th will be issued a dividend of GBX 2 ($0.03) per share. The ex-dividend date of this dividend is Thursday, September 14th. This represents a dividend yield of 1.78%. Eurocell’s dividend payout ratio is presently 5,500.00%.
Insiders Place Their Bets
In other news, insider Kate Allum purchased 1,741 shares of the company’s stock in a transaction dated Tuesday, August 8th. The shares were acquired at an average cost of GBX 111 ($1.40) per share, for a total transaction of £1,932.51 ($2,440.65). 1.39% of the stock is owned by company insiders.
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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.
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