Eurocell (LON:ECEL) Stock Price Crosses Below 200-Day Moving Average – Here’s Why

Eurocell plc (LON:ECEL) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 163.18 ($2.01) and traded as low as GBX 154.04 ($1.90). Eurocell shares last traded at GBX 162 ($1.99), with a volume of 285,779 shares.

Eurocell Stock Performance

The firm has a market capitalization of £168.59 million, a price-to-earnings ratio of 1,492.95 and a beta of 0.84. The company has a 50-day moving average price of GBX 177.74 and a 200-day moving average price of GBX 163.18. The company has a quick ratio of 0.87, a current ratio of 1.59 and a debt-to-equity ratio of 58.43.

Insiders Place Their Bets

In related news, insider Alison Littley purchased 1,402 shares of the company’s stock in a transaction on Friday, November 8th. The shares were bought at an average cost of GBX 178 ($2.19) per share, for a total transaction of £2,495.56 ($3,070.70). 2.13% 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. 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.