Celebrus Technologies (LON:CLBS) Trading Down 1% – Should You Sell?

Shares of Celebrus Technologies plc (LON:CLBS) traded down 1% during mid-day trading on Friday . The stock traded as low as GBX 167 ($2.22) and last traded at GBX 168.23 ($2.23). 87,558 shares changed hands during mid-day trading, an increase of 8% from the average session volume of 81,374 shares. The stock had previously closed at GBX 170 ($2.26).

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the stock. Shore Capital reaffirmed a “no recommendation” rating on shares of Celebrus Technologies in a research note on Thursday. Canaccord Genuity Group raised shares of Celebrus Technologies to a “buy” rating and set a GBX 290 ($3.85) price objective for the company in a research note on Tuesday, July 8th.

Celebrus Technologies Stock Performance

The stock has a market cap of £66.86 million, a price-to-earnings ratio of 16.57 and a beta of 1.34. The stock’s 50-day simple moving average is GBX 163.23 and its two-hundred day simple moving average is GBX 195.86.

Celebrus Technologies (LON:CLBS) last released its earnings results on Tuesday, July 8th. The company reported GBX 18.30 ($0.24) earnings per share for the quarter. Celebrus Technologies had a net margin of 12.37% and a return on equity of 14.32%.

Celebrus Technologies Company Profile

As a disruptive data technology platform, Celebrus is focused on improving the relationships between brands and consumers via better data. Celebrus redefines what digital identity verification means to power both next-level marketing and fraud prevention use cases. Deployed across 30+ countries throughout the financial services, healthcare, retail, travel, and telecommunications sectors, Celebrus automatically captures, contextualises, and activates consumer behavioral data in live-time across all digital channels.