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

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

Analyst Ratings Changes

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

Cerillion Stock Down 2.7%

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 stock has a 50-day simple moving average of GBX 1,086.83 and a 200-day simple moving average of GBX 1,288.96. The firm has a market capitalization of £265.87 million, a PE ratio of 19.44 and a beta of 0.49.

Cerillion (LON:CER) last issued its quarterly earnings results on Monday, June 1st. The company reported GBX 14.10 EPS for the quarter. The firm had revenue of GBX 1,801 million for the quarter. Cerillion had a return on equity of 22.77% and a net margin of 32.24%. Analysts forecast that Cerillion Plc will post 53.0708661 EPS 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.