Cerillion (LON:CER) Reaches New 1-Year Low – What’s Next?

Cerillion Plc (LON:CER) shares reached a new 52-week low during trading on Tuesday . The stock traded as low as GBX 1,175 and last traded at GBX 1,175, with a volume of 103288 shares trading hands. The stock had previously closed at GBX 1,210.

Wall Street Analysts Forecast Growth

A number of research firms have commented on CER. Peel Hunt reissued a “buy” rating and issued a GBX 2,020 target price on shares of Cerillion in a report on Monday, November 24th. Canaccord Genuity Group reduced their price target on shares of Cerillion from GBX 2,350 to GBX 2,250 and set a “buy” rating for the company in a research report on Monday, November 24th. Panmure Gordon restated a “buy” rating and issued a GBX 2,000 price target on shares of Cerillion in a report on Monday, November 24th. Finally, Berenberg Bank reaffirmed a “buy” rating and set a GBX 2,125 price objective on shares of Cerillion in a report on Monday, November 24th. Four investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company has an average rating of “Buy” and a consensus target price of GBX 2,098.75.

Cerillion Trading Up 2.1%

The business’s fifty day moving average is GBX 1,369.46 and its 200-day moving average is GBX 1,451.85. The stock has a market capitalization of £354.01 million, a PE ratio of 21.35 and a beta of 0.90. The company has a quick ratio of 2.75, a current ratio of 4.13 and a debt-to-equity ratio of 5.77.

Cerillion (LON:CER) last issued its earnings results on Monday, November 24th. The company reported GBX 56.50 earnings per share for the quarter. Cerillion had a return on equity of 30.92% and a net margin of 34.15%. As a group, analysts anticipate that Cerillion Plc will post 53.0708661 EPS for the current fiscal year.

Insider Buying and Selling

In other Cerillion news, insider Andrew Dickson sold 4,055 shares of the business’s stock in a transaction dated Monday, November 24th. The stock was sold at an average price of GBX 1,405, for a total transaction of £56,972.75. 21.23% of the stock is owned by company insiders.

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.