Eurocell’s (ECEL) “Buy” Rating Reiterated at Berenberg Bank

Berenberg Bank reaffirmed their buy rating on shares of Eurocell (LON:ECEL) in a report issued on Thursday morning, MarketBeat Ratings reports. The firm currently has a GBX 300 ($3.87) price objective on the stock.

Eurocell Stock Performance

Shares of ECEL opened at GBX 166 ($2.14) on Thursday. The company has a quick ratio of 0.87, a current ratio of 1.58 and a debt-to-equity ratio of 58.43. The business has a 50-day simple moving average of GBX 149.10 and a two-hundred day simple moving average of GBX 165.44. Eurocell has a 52 week low of GBX 115 ($1.48) and a 52 week high of GBX 191 ($2.47). The stock has a market cap of £168.94 million, a price-to-earnings ratio of 14.62 and a beta of 0.84.

Eurocell (LON:ECEL) last released its quarterly earnings data on Thursday, March 20th. The company reported GBX 14.40 ($0.19) EPS for the quarter. Eurocell had a return on equity of 11.31% and a net margin of 3.51%. On average, analysts expect that Eurocell will post 19.470852 EPS for the current year.

Eurocell Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, May 23rd. Shareholders of record on Thursday, April 24th will be issued a dividend of GBX 3.90 ($0.05) per share. This is an increase from Eurocell’s previous dividend of $2.20. This represents a yield of 2.52%. The ex-dividend date is Thursday, April 24th. Eurocell’s dividend payout ratio (DPR) is presently 52.83%.

Insiders Place Their Bets

In related news, insider Alison Littley bought 1,804 shares of the company’s stock in a transaction on Monday, February 10th. The shares were acquired at an average price of GBX 145 ($1.87) per share, with a total value of £2,615.80 ($3,377.40). 2.13% of the stock is currently owned by company 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. 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.