Cerillion (LON:CER) Stock: Insider Guy O’Connor Purchases 20,000 Shares

Cerillion Plc (LON:CER) insider Guy O’Connor purchased 20,000 shares of the company’s stock in a transaction that occurred on Wednesday, October 21st. The stock was purchased at an average price of GBX 690 per share, for a total transaction of £138,000.

Cerillion Price Performance

Shares of Cerillion stock opened at GBX 700 on Friday. The company has a quick ratio of 2.75, a current ratio of 4.83 and a debt-to-equity ratio of 6.60. Cerillion Plc has a twelve month low of GBX 650 and a twelve month high of GBX 1,770. The company has a market cap of £206.79 million, a price-to-earnings ratio of 15.12 and a beta of 0.49. The company’s 50 day moving average is GBX 800.58 and its 200 day moving average is GBX 1,058.43.

Analysts Set New Price Targets

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

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.