Cerillion Plc (LON:CER – Get Rating)’s share price passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 1,106.54 ($13.49) and traded as low as GBX 999.40 ($12.18). Cerillion shares last traded at GBX 1,030 ($12.55), with a volume of 28,761 shares trading hands.
Analysts Set New Price Targets
Separately, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 1,400 ($17.06) target price on shares of Cerillion in a research report on Thursday, December 1st.
Cerillion Stock Up 1.0 %
The firm has a 50-day moving average price of GBX 1,106.54 and a 200 day moving average price of GBX 1,105.99. The company has a debt-to-equity ratio of 15.06, a current ratio of 2.81 and a quick ratio of 2.75. The company has a market cap of £303.95 million, a price-to-earnings ratio of 3,322.58 and a beta of 1.09.
Cerillion Company Profile
Cerillion Plc provides software for billing, charging, and customer relationship management (CRM) to the telecommunications sector in the United Kingdom and internationally. It operates through four segments: Services, Software, Software-as-a-Service (SaaS), and Third-Party. The company offers Cerillion Enterprise BSS/OSS Suite, a pre-integrated end-to-end CRM and billing solution for mobile, fixed, cable, and multi-service communications providers; and Cerillion Skyline, a cloud billing SaaS application for the next generation of subscription and usage-based services.
- Meta Platforms: Efficiency Gains Momentum, Stock Accelerates
- Pfizer’s Latest Acquisition Strengthens the Case for PFE Stock
- SentinelOne: Reversal In-Play For Cybersecurity Stocks
- Is Sportradar Group A Growth Stock To Bet On In 2023?
- Strong Guidance says Boeing is Ready for Takeoff
Receive News & Ratings for Cerillion Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cerillion and related companies with MarketBeat.com's FREE daily email newsletter.