Cerillion (LON:CER) Sets New 1-Year Low – Time to Sell?

Cerillion Plc (LON:CER) hit a new 52-week low 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.

Analyst Ratings Changes

Several equities research analysts recently weighed in on CER shares. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a GBX 1,575 target price on shares of Cerillion in a research note on Tuesday, June 2nd. Berenberg Bank reiterated a “buy” rating and issued a GBX 2,015 price target on shares of Cerillion in a research note on Monday, June 1st. Finally, 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. Four equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of GBX 1,934.

Cerillion Stock Down 2.7%

The company has a debt-to-equity ratio of 6.60, a current ratio of 4.83 and a quick ratio of 2.75. The company has a market cap of £278.87 million, a price-to-earnings ratio of 20.39 and a beta of 0.50. The firm’s 50 day simple moving average is GBX 1,111.25 and its 200-day simple moving average is GBX 1,303.69.

Cerillion (LON:CER) last posted its earnings results on Monday, June 1st. The company reported GBX 14.10 earnings per share for the quarter. The business had revenue of GBX 1,801 million during the quarter. Cerillion had a return on equity of 22.77% and a net margin of 32.24%. As a group, sell-side analysts anticipate 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.