Eurocell plc (LON:ECEL – Get Free Report) reached a new 52-week high on Thursday . The stock traded as high as GBX 184 ($2.39) and last traded at GBX 180 ($2.34), with a volume of 776241 shares traded. The stock had previously closed at GBX 178 ($2.31).
Analyst Ratings Changes
Separately, Berenberg Bank increased their price objective on Eurocell from GBX 180 ($2.34) to GBX 200 ($2.60) and gave the stock a “buy” rating in a report on Wednesday, September 4th.
Eurocell Trading Down 2.2 %
Eurocell Cuts Dividend
The company also recently announced a dividend, which was paid on Friday, October 11th. Stockholders of record on Thursday, September 12th were paid a GBX 2.20 ($0.03) dividend. This represents a dividend yield of 1.52%. The ex-dividend date of this dividend was Thursday, September 12th. Eurocell’s payout ratio is presently 5,454.55%.
Insider Activity
In other news, insider Iraj Amiri bought 1,456 shares of the stock in a transaction dated Tuesday, August 6th. The stock was bought at an average price of GBX 145 ($1.88) per share, for a total transaction of £2,111.20 ($2,741.11). 2.13% of the stock is currently owned by company insiders.
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. 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.
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