Eurocell plc (LON:ECEL) Insider Iraj Amiri Buys 54,892 Shares of Stock

Eurocell plc (LON:ECEL) insider Iraj Amiri purchased 54,892 shares of Eurocell stock in a transaction that occurred on Tuesday, March 26th. The stock was bought at an average cost of GBX 120 ($1.52) per share, for a total transaction of £65,870.40 ($83,243.27).

Eurocell Stock Up 3.7 %

Shares of LON:ECEL opened at GBX 126.50 ($1.60) on Thursday. The business’s 50 day moving average is GBX 121.63 and its 200 day moving average is GBX 119.87. The stock has a market cap of £139.10 million, a P/E ratio of 1,405.56 and a beta of 0.80. Eurocell plc has a 52-week low of GBX 98.80 ($1.25) and a 52-week high of GBX 140 ($1.77). 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 company also recently declared a dividend, which will be paid on Wednesday, May 22nd. Stockholders of record on Thursday, April 25th will be given a dividend of GBX 3.50 ($0.04) per share. This is an increase from Eurocell’s previous dividend of $2.00. The ex-dividend date is Thursday, April 25th. This represents a dividend yield of 3.06%. Eurocell’s dividend payout ratio is presently 6,666.67%.

Wall Street Analyst Weigh In

Separately, Berenberg Bank restated a “buy” rating and issued a GBX 180 ($2.27) target price on shares of Eurocell in a research note on Tuesday, January 23rd.

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. 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.