Cerillion (LON:CER) Hits New 1-Year Low – Here’s Why

Cerillion Plc (LON:CERGet Free Report) shares reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as GBX 970 and last traded at GBX 970, with a volume of 75036 shares traded. The stock had previously closed at GBX 976.

Wall Street Analyst Weigh In

Several brokerages have weighed in on CER. Canaccord Genuity Group reissued a “buy” rating and set a GBX 2,060 price objective on shares of Cerillion in a research note on Monday, June 29th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a GBX 1,575 target price on shares of Cerillion in a research note on Tuesday, June 2nd. Finally, Berenberg Bank reiterated a “buy” rating and set a GBX 2,015 price target on shares of Cerillion in a report on Monday, June 1st. Four investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of GBX 1,934.

Get Our Latest Research Report on Cerillion

Cerillion Price Performance

The company has a debt-to-equity ratio of 6.60, a quick ratio of 2.75 and a current ratio of 4.83. The business has a 50-day simple moving average of GBX 1,127.57 and a 200 day simple moving average of GBX 1,310.10. The firm has a market cap of £286.55 million, a P/E ratio of 20.95 and a beta of 0.50.

Cerillion (LON:CERGet Free Report) last issued its quarterly earnings data on Monday, June 1st. The company reported GBX 14.10 earnings per share for the quarter. The firm had revenue of GBX 1,801 million for the quarter. Cerillion had a return on equity of 22.77% and a net margin of 32.24%. On average, analysts anticipate that Cerillion Plc will post 53.0708661 earnings per share for the current fiscal year.

About Cerillion

(Get Free Report)

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. It offers customers a range of pre-integrated modules, which may be taken selectively for particular functions or together for a complete solution.

Further Reading

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