Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
UK window, door and roofline products company Eurocell (ECEL) has issued a “Trading Update” including “there are some signs of an improving picture in new build housing” and that its “balance sheet is strong and the actions we have taken, including those on costs and cash flow, position us well to benefit when our end markets fully recover”. So what of the shares, already down from above 170p at the start of the year, currently a further more than 7% lower at 147p in response?
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