Cerillion (LON:CER) Sets New 1-Year Low – Here’s Why

Shares of Cerillion Plc (LON:CER) reached a new 52-week low on Thursday . The company traded as low as GBX 900 and last traded at GBX 900, with a volume of 141205 shares changing hands. The stock had previously closed at GBX 925.

Wall Street Analyst Weigh In

CER has been the subject of several analyst reports. Berenberg Bank restated a “buy” rating and issued a GBX 2,015 price objective on shares of Cerillion in a research note on Monday, June 1st. Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 2,060 price objective on shares of Cerillion in a research report on Monday, June 29th. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a GBX 1,575 target price on shares of Cerillion in a report on Tuesday, June 2nd. Four investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of GBX 1,934.

Cerillion Stock Performance

The company has a current ratio of 4.83, a quick ratio of 2.75 and a debt-to-equity ratio of 6.60. The stock has a market capitalization of £265.87 million, a PE ratio of 19.44 and a beta of 0.49. The business’s 50 day moving average is GBX 1,072.93 and its 200 day moving average is GBX 1,281.13.

Cerillion (LON:CER) last posted its quarterly earnings results on Monday, June 1st. The company reported GBX 14.10 earnings per share for the quarter. Cerillion had a net margin of 32.24% and a return on equity of 22.77%. The firm had revenue of GBX 1,801 million during the quarter. On average, equities research analysts predict that Cerillion Plc will post 53.0708661 earnings per share for the current fiscal year.

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.