Cerillion (LON:CER) Stock Crosses Below 50-Day Moving Average – Should You Sell?

Cerillion Plc (LON:CER)’s share price passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 1,667.75 ($22.43) and traded as low as GBX 1,500 ($20.17). Cerillion shares last traded at GBX 1,500 ($20.17), with a volume of 19,204 shares.

Analyst Ratings Changes

Separately, Canaccord Genuity Group reissued a “speculative buy” rating and issued a GBX 2,350 ($31.60) target price on shares of Cerillion in a research report on Monday, May 19th.

Cerillion Price Performance

The company’s 50-day moving average price is GBX 1,667.75 and its two-hundred day moving average price is GBX 1,634.97. The company has a market cap of £444.83 million, a P/E ratio of 31.62 and a beta of 0.90. The company has a current ratio of 4.13, a quick ratio of 2.75 and a debt-to-equity ratio of 5.77.

Cerillion (LON:CER) last released its earnings results on Monday, May 19th. The company reported GBX 23.90 ($0.32) earnings per share for the quarter. Cerillion had a net margin of 34.15% and a return on equity of 30.92%. As a group, sell-side analysts expect that Cerillion Plc will post 53.0708661 earnings per share for the current year.

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.