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Eurocell ( (GB:ECEL) ) has issued an update.
Eurocell plc, a company listed on the London Stock Exchange, has executed a share buyback program, purchasing 9,806 of its ordinary shares through its broker, Berenberg. The shares were bought at prices ranging from 148.00 to 149.00 pence, with a volume-weighted average price of 148.31 pence per share. Following this transaction, the company’s issued share capital consists of 100,651,705 shares, with no shares held in treasury. This update affects the total number of voting rights in Eurocell, which shareholders can use to determine their interest in the company according to the Financial Conduct Authority’s Disclosure and Transparency Rules.
The most recent analyst rating on (GB:ECEL) stock is a Buy with a £200.00 price target. To see the full list of analyst forecasts on Eurocell stock, see the GB:ECEL Stock Forecast page.
Spark’s Take on GB:ECEL Stock
According to Spark, TipRanks’ AI Analyst, GB:ECEL is a Neutral.
Eurocell’s overall stock score is driven by its operational efficiency and stable cash flow, which are positive indicators. However, challenges in revenue growth and increasing debt levels pose risks. The technical analysis suggests a cautious outlook, while recent corporate events reflect strong management confidence and strategic capital management.
To see Spark’s full report on GB:ECEL stock, click here.
More about Eurocell
Average Trading Volume: 201,679
Technical Sentiment Signal: Hold
Current Market Cap: £148M
For detailed information about ECEL stock, go to TipRanks’ Stock Analysis page.