Cerillion (LON:CER) Sets New 12-Month Low – What’s Next?

Cerillion Plc (LON:CER) shares reached a new 52-week low during mid-day trading on Thursday . The company traded as low as GBX 1,155 and last traded at GBX 1,176, with a volume of 82732 shares changing hands. The stock had previously closed at GBX 1,210.

Wall Street Analysts Forecast Growth

CER has been the subject of a number of research analyst reports. Canaccord Genuity Group reiterated a “buy” rating and set a GBX 2,250 price target on shares of Cerillion in a report on Friday, January 9th. Berenberg Bank reaffirmed a “buy” rating and set a GBX 2,125 target price on shares of Cerillion in a research report on Monday, November 24th. Panmure Gordon reissued a “buy” rating and issued a GBX 2,000 price target on shares of Cerillion in a report on Monday, November 24th. Finally, Peel Hunt restated a “buy” rating and issued a GBX 2,020 price target on shares of Cerillion in a research report on Monday, November 24th. Four equities research analysts have rated the stock with a Buy rating, According to MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of GBX 2,098.75.

Cerillion Price Performance

The company has a market cap of £347.39 million, a P/E ratio of 20.93 and a beta of 0.41. The stock has a 50-day simple moving average of GBX 1,524.56 and a 200 day simple moving average of GBX 1,432.54. The company has a debt-to-equity ratio of 5.55, a quick ratio of 2.75 and a current ratio of 4.45.

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.