Cerillion (LON:CER) Announces Quarterly Earnings Results

Cerillion (LON:CER) posted its quarterly earnings results on Monday. The company reported GBX 23.90 ($0.32) earnings per share for the quarter, Digital Look Earnings reports. Cerillion had a return on equity of 30.92% and a net margin of 34.15%.

Cerillion Trading Down 2.2%

Shares of LON:CER opened at GBX 1,731.60 ($23.19) on Wednesday. The company has a current ratio of 4.13, a quick ratio of 2.75 and a debt-to-equity ratio of 5.77. The stock has a market capitalization of £513.51 million, a PE ratio of 36.50 and a beta of 0.90. Cerillion has a 1 year low of GBX 1,200 ($16.07) and a 1 year high of GBX 1,970 ($26.38). The firm has a fifty day moving average price of GBX 1,535.95 and a 200 day moving average price of GBX 1,647.50.

Cerillion Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, February 20th. Investors of record on Thursday, January 16th were paid a GBX 9.20 ($0.12) dividend. This represents a dividend yield of 0.49%. The ex-dividend date was Thursday, January 16th. This is a positive change from Cerillion’s previous dividend of $4.00. Cerillion’s payout ratio is presently 25.30%.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group reissued a “speculative buy” rating and issued a GBX 2,350 ($31.47) price target on shares of Cerillion in a research note on Monday.

About Cerillion

Established in 1999, Cerillion provides mission-critical software for billing, charging and customer relationship management mainly for telecommunications providers, but also for other sectors, including energy and utilities.

Cerillion provides customers with a fully-integrated, functionally-rich product suite that provides a complete end-to-end solution.