Celtic (LON:CCP) Shares Up 0.8% – Here’s Why

Celtic plc (LON:CCP)’s share price rose 0.8% on Monday. The company traded as high as GBX 185 and last traded at GBX 185. 1,567 shares traded hands during mid-day trading, a decline of 87% from the average daily volume of 12,490 shares. The stock had previously closed at GBX 183.50.

Analyst Ratings Changes

Separately, Canaccord Genuity Group reissued a “buy” rating and set a GBX 215 target price on shares of Celtic in a report on Wednesday, September 23rd. One investment analyst has rated the stock with a Buy rating. According to MarketBeat, Celtic presently has an average rating of “Buy” and an average price target of GBX 215.

Celtic Stock Up 0.8%

The company has a debt-to-equity ratio of 3.50, a quick ratio of 0.86 and a current ratio of 1.42. The firm has a market capitalization of £176.01 million, a PE ratio of -36.78 and a beta of 0.01. The company’s 50 day simple moving average is GBX 178.96 and its 200-day simple moving average is GBX 200.90.

Celtic (LON:CCP) last posted its quarterly earnings data on Tuesday, September 22nd. The company reported GBX (5.03) earnings per share (EPS) for the quarter. Celtic had a negative net margin of 4.31% and a negative return on equity of 3.02%. On average, analysts forecast that Celtic plc will post 10.69 EPS for the current fiscal year.

Celtic Company Profile

Celtic plc, through its subsidiary, Celtic F.C. Limited, operates a professional football club in the United Kingdom. The company operates through three segments: Football and Stadium Operations, Merchandising, and Multimedia and Other Commercial Activities. It is involved in the operation of a professional football club covering various activities, including football operations and investment; operation of the Celtic FC Youth Academy; match ticketing; merchandising; partner programs; marketing and brand protection; multimedia; stadium operations; facilities and property; catering and hospitality; public and supporter relations; and human resources.