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

Cerillion Plc (LON:CER) shares reached a new 52-week low on Wednesday. The stock traded as low as GBX 356 and last traded at GBX 680, with a volume of 215,217 shares changing hands. The stock had previously closed at GBX 682.

Analyst Ratings Changes

A number of research firms recently issued reports on CER. Canaccord Genuity Group decreased their price objective on shares of Cerillion from GBX 2,060 to GBX 1,760 and set a “buy” rating for the company in a report on Monday, September 14th. Berenberg Bank lowered their price objective on shares of Cerillion from GBX 2,015 to GBX 1,375 and set a “buy” rating on the stock in a research report on Wednesday, September 16th. Finally, Deutsche Bank Aktiengesellschaft dropped their target price on shares of Cerillion from GBX 1,400 to GBX 1,200 and set a “buy” rating on the stock in a research note on Tuesday, September 15th. Five research analysts have rated the stock with a Buy rating. Based on data from MarketBeat.com, Cerillion has a consensus rating of “Buy” and a consensus target price of GBX 1,671.

Cerillion Trading Down 0.3%

The firm has a fifty day simple moving average of GBX 840.82 and a two-hundred day simple moving average of GBX 1,086.36. The firm has a market capitalization of £200.89 million, a P/E ratio of 14.69 and a beta of 0.49. The company has a debt-to-equity ratio of 6.60, a current ratio of 4.83 and a quick ratio of 2.75.

About Cerillion

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.