Cerillion (LON:CER) Sets New 1-Year Low – Time to Sell?

Cerillion Plc (LON:CERGet Free Report)’s share price reached a new 52-week low on Wednesday . The company traded as low as GBX 890 and last traded at GBX 890, with a volume of 468436 shares changing hands. The stock had previously closed at GBX 926.

Wall Street Analyst Weigh In

CER has been the topic of several recent research reports. Berenberg Bank restated a “buy” rating and set a GBX 2,015 target price on shares of Cerillion in a research report on Monday, June 1st. Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 2,060 price target on shares of Cerillion in a research report on Monday, June 29th. Finally, Deutsche Bank Aktiengesellschaft decreased their price objective on Cerillion from GBX 1,575 to GBX 1,400 and set a “buy” rating on the stock in a research note on Wednesday, August 26th. Five analysts have rated the stock with a Buy rating, According to MarketBeat.com, Cerillion has a consensus rating of “Buy” and an average price target of GBX 1,899.

Read Our Latest Report on Cerillion

Cerillion Stock Down 1.1%

The company’s 50 day simple moving average is GBX 988.59 and its 200-day simple moving average is GBX 1,185.48. 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 firm has a market capitalization of £259.97 million, a PE ratio of 19.01 and a beta of 0.49.

Cerillion Company Profile

(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.

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