Cerillion (LON:CER) Trading 0.1% Higher – Time to Buy?

Cerillion Plc (LON:CER) shares rose 0.1% during trading on Monday . The company traded as high as GBX 1,060 and last traded at GBX 1,057. Approximately 247,455 shares changed hands during mid-day trading, an increase of 81% from the average daily volume of 136,708 shares. The stock had previously closed at GBX 1,056.

Analyst Upgrades and Downgrades

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

Cerillion Price Performance

The company has a market cap of £312.25 million, a price-to-earnings ratio of 22.83 and a beta of 0.50. 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 business has a 50-day moving average price of GBX 1,199.30 and a 200 day moving average price of GBX 1,337.30.

Cerillion (LON:CER) last issued its earnings results on Monday, June 1st. The company reported GBX 14.10 earnings per share (EPS) for the quarter. The business 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%. As a group, research analysts expect that Cerillion Plc will post 53.0708661 earnings per share for the current fiscal year.

About Cerillion

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.