Cerillion (LON:CER) Reaches New 12-Month Low – Should You Sell?

Cerillion Plc (LON:CER)’s stock price hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as GBX 970 and last traded at GBX 970, with a volume of 75036 shares traded. The stock had previously closed at GBX 976.

Analysts Set New Price Targets

Several research firms recently weighed in on CER. Berenberg Bank restated a “buy” rating and set a GBX 2,015 price target on shares of Cerillion in a research report on Monday, June 1st. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a GBX 1,575 price objective on shares of Cerillion in a report on Tuesday, June 2nd. Finally, Canaccord Genuity Group restated a “buy” rating and set a GBX 2,060 target price on shares of Cerillion in a report on Monday, June 29th. Four equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, Cerillion presently has an average rating of “Moderate Buy” and an average price target of GBX 1,934.

Cerillion Stock Down 0.6%

The company has a quick ratio of 2.75, a current ratio of 4.83 and a debt-to-equity ratio of 6.60. The company’s fifty day moving average price is GBX 1,127.57 and its 200-day moving average price is GBX 1,310.10. The stock has a market capitalization of £286.55 million, a PE ratio of 20.95 and a beta of 0.50.

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 return on equity of 22.77% and a net margin of 32.24%.The company had revenue of GBX 1,801 million for the quarter. Analysts forecast that Cerillion Plc will post 53.0708661 earnings per share for the current 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.