Celebrus Technologies (LON:CLBS) Hits New 52-Week Low – Here’s What Happened

Celebrus Technologies plc (LON:CLBS) reached a new 52-week low on Tuesday . The company traded as low as GBX 120 and last traded at GBX 120.12, with a volume of 598475 shares trading hands. The stock had previously closed at GBX 122.50.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group cut their price objective on Celebrus Technologies from GBX 290 to GBX 280 and set a “buy” rating for the company in a report on Wednesday, December 3rd. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of GBX 280.

Celebrus Technologies Trading Down 7.3%

The company has a market cap of £44.57 million, a P/E ratio of 11.96 and a beta of 0.66. The company’s fifty day moving average is GBX 132.93 and its 200 day moving average is GBX 142.62.

About Celebrus Technologies

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.