Canaccord Genuity Group Has Lowered Expectations for Celebrus Technologies (LON:CLBS) Stock Price

Celebrus Technologies (LON:CLBS) had its price objective decreased by stock analysts at Canaccord Genuity Group from GBX 290 to GBX 280 in a research note issued to investors on Wednesday,London Stock Exchange reports. The firm currently has a “buy” rating on the stock. Canaccord Genuity Group’s price objective indicates a potential upside of 115.38% from the company’s current price.

Celebrus Technologies Trading Down 5.8%

Shares of LON:CLBS traded down GBX 8 during mid-day trading on Wednesday, reaching GBX 130. The stock had a trading volume of 661,815 shares, compared to its average volume of 98,325. Celebrus Technologies has a 1 year low of GBX 125 and a 1 year high of GBX 306. The company has a market cap of £51.14 million, a P/E ratio of 8.24 and a beta of 1.34. The business’s 50 day moving average price is GBX 147.83 and its 200 day moving average price is GBX 159.55.

Insider Activity at Celebrus Technologies

In other Celebrus Technologies news, insider Bill Bruno sold 21,164 shares of the stock in a transaction dated Friday, September 12th. The shares were sold at an average price of GBX 160, for a total transaction of £33,862.40. Insiders own 17.42% of the company’s stock.

About Celebrus Technologies

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.