Celebrus Technologies (LON:CLBS) Stock Price Down 1.7% – What’s Next?

Shares of Celebrus Technologies plc (LON:CLBS) traded down 1.7% during trading on Thursday . The stock traded as low as GBX 145 and last traded at GBX 145. 49,588 shares changed hands during trading, a decline of 45% from the average session volume of 90,846 shares. The stock had previously closed at GBX 147.50.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group decreased their target price on shares of Celebrus Technologies from GBX 290 to GBX 280 and set a “buy” rating for the company in a report on Wednesday, December 3rd. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of GBX 280.

Celebrus Technologies Trading Down 3.7%

The firm has a market cap of £55.86 million, a P/E ratio of 14.96 and a beta of 1.34. The company’s 50 day simple moving average is GBX 135.97 and its 200-day simple moving average is GBX 154.30.

Celebrus Technologies Company Profile

As a disruptive data technology platform, Celebrus is focused on improving the relationships between brands and consumers via better data. Celebrus redefines what digital identity verification means to power both next-level marketing and fraud prevention use cases. Deployed across 30+ countries throughout the financial services, healthcare, retail, travel, and telecommunications sectors, Celebrus automatically captures, contextualises, and activates consumer behavioral data in live-time across all digital channels.