Celebrus Technologies (LON:CLBS) Stock Price Down 38.2% – Here’s What Happened

Celebrus Technologies plc (LON:CLBS – Get Free Report)’s share price fell 38.2% during mid-day trading on Tuesday. The stock traded as low as GBX 57 and last traded at GBX 59. Approximately 1,771,026 shares changed hands during mid-day trading, an increase of 815% from the average daily volume of 193,628 shares. The stock had previously closed at GBX 95.50.

Celebrus Technologies Stock Performance

The stock’s fifty day simple moving average is GBX 97.15 and its two-hundred day simple moving average is GBX 92.95. The company has a market capitalization of £22.03 million, a price-to-earnings ratio of -48.76 and a beta of 0.88.

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Celebrus Technologies (LON:CLBS – Get Free Report) last released its quarterly earnings results on Tuesday, July 14th. The company reported GBX 1.07 earnings per share for the quarter. Celebrus Technologies had a negative return on equity of 1.32% and a negative net margin of 2.17%.

Insiders Place Their Bets

In related news, insider Ashoni (Ash) Kumar Mehta acquired 40,000 shares of the stock in a transaction on Thursday, July 16th. The stock was purchased at an average price of GBX 102 per share, for a total transaction of £40,800. Also, insider Helen Patricia Gilder acquired 5,409 shares of the company’s stock in a transaction on Tuesday, July 14th. The shares were purchased at an average cost of GBX 9,235 per share, with a total value of £499,521.15. Over the last three months, insiders acquired 105,409 shares of company stock valued at $59,822,115. Insiders own 18.58% of the company’s stock.

Celebrus Technologies Company Profile

(Get Free Report)

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.

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