Celtic (LON:CCP) Shares Pass Below Fifty Day Moving Average of $162.33

Celtic plc (LON:CCP) passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $162.33 and traded as low as $160.79. Celtic shares last traded at $164.75, with a volume of 9,652 shares changing hands.

Separately, Canaccord Genuity raised their price objective on shares of Celtic from GBX 185 ($2.42) to GBX 190 ($2.48) and gave the company a “buy” rating in a research note on Monday, September 30th.

The company’s 50 day simple moving average is GBX 162.42 and its 200 day simple moving average is GBX 162.83. The company has a debt-to-equity ratio of 11.81, a current ratio of 1.40 and a quick ratio of 1.30. The stock has a market cap of $155.31 million and a P/E ratio of 24.23.

Celtic Company Profile (LON:CCP)

Celtic plc, through its subsidiary Celtic F.C. Limited, operates a professional football club in the United Kingdom. The company operates through three segments: Football and Stadium Operations, Merchandising, and Multimedia and Other Commercial Activities. It sells tickets for matches played at the Celtic Park; provides match day and non-match day catering and banqueting services; operates visitor centers and soccer schools, as well as Celtic TV, a TV channel for the Celtic Football Club; and hires the Celtic Park for football and non-football events.

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