Eurocell plc (LON:ECEL) Increases Dividend to GBX 3.50 Per Share

Eurocell plc (LON:ECEL) announced a dividend on Wednesday, March 20th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, April 25th will be given a dividend of GBX 3.50 ($0.04) per share on Wednesday, May 22nd. This represents a yield of 3.06%. The ex-dividend date of this dividend is Thursday, April 25th. This is a boost from Eurocell’s previous dividend of $2.00. The official announcement can be seen at this link.

Eurocell Trading Up 2.6 %

LON:ECEL opened at GBX 137.50 ($1.70) on Tuesday. The company has a debt-to-equity ratio of 51.27, a quick ratio of 0.87 and a current ratio of 1.70. The firm has a market cap of £150.77 million, a price-to-earnings ratio of 1,488.89 and a beta of 0.82. Eurocell has a 52 week low of GBX 98.80 ($1.22) and a 52 week high of GBX 139 ($1.72). The firm has a 50-day moving average price of GBX 123.68 and a two-hundred day moving average price of GBX 122.19.

Insider Transactions at Eurocell

In related news, insider Alison Littley purchased 1,300 shares of the firm’s stock in a transaction dated Friday, February 9th. The stock was bought at an average price of GBX 125 ($1.54) per share, for a total transaction of £1,625 ($2,007.16). In other Eurocell news, insider Alison Littley acquired 1,300 shares of Eurocell stock in a transaction that occurred on Friday, February 9th. The stock was acquired at an average cost of GBX 125 ($1.54) per share, for a total transaction of £1,625 ($2,007.16). Also, insider Iraj Amiri acquired 54,892 shares of Eurocell stock in a transaction that occurred on Tuesday, March 26th. The stock was acquired at an average price of GBX 120 ($1.48) per share, with a total value of £65,870.40 ($81,361.66). 1.96% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Separately, Berenberg Bank restated a “buy” rating and set a GBX 180 ($2.22) price target on shares of Eurocell in a research note on Tuesday, January 23rd.

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. 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.