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

Cerillion Plc (LON:CER) reached a new 52-week low during trading on Wednesday . The stock traded as low as GBX 1,200 and last traded at GBX 1,215, with a volume of 94768 shares changing hands. The stock had previously closed at GBX 1,220.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the stock. Peel Hunt reissued a “buy” rating and issued a GBX 2,020 target price on shares of Cerillion in a report on Monday, November 24th. Canaccord Genuity Group dropped their price target on Cerillion from GBX 2,350 to GBX 2,250 and set a “buy” rating on the stock in a research report on Monday, November 24th. Berenberg Bank reissued a “buy” rating and issued a GBX 2,125 price target on shares of Cerillion in a report on Monday, November 24th. Finally, Panmure Gordon restated a “buy” rating and set a GBX 2,000 price objective on shares of Cerillion in a research report on Monday, November 24th. Four analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of GBX 2,098.75.

Cerillion Stock Performance

The firm has a market capitalization of £356.96 million, a price-to-earnings ratio of 21.53 and a beta of 0.90. The company has a 50-day moving average price of GBX 1,386.66 and a 200-day moving average price of GBX 1,469.95. The company has a quick ratio of 2.75, a current ratio of 4.13 and a debt-to-equity ratio of 5.77.

Cerillion (LON:CER) last posted its earnings results on Monday, November 24th. The company reported GBX 56.50 EPS for the quarter. Cerillion had a return on equity of 30.92% and a net margin of 34.15%. As a group, equities research analysts forecast that Cerillion Plc will post 53.0708661 earnings per share for the current year.

Insider Buying and Selling at Cerillion

In related news, insider Andrew Dickson sold 4,055 shares of Cerillion stock in a transaction dated Monday, November 24th. The shares were sold at an average price of GBX 1,405, for a total transaction of £56,972.75. 21.23% of the stock is currently owned by corporate insiders.

Cerillion Company Profile

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.