Celebrus Technologies (LON:CLBS) Sets New 12-Month Low – Here’s What Happened

Celebrus Technologies plc (LON:CLBS) reached a new 52-week low on Wednesday . The stock traded as low as GBX 120.18 and last traded at GBX 130, with a volume of 71114 shares trading hands. The stock had previously closed at GBX 140.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group lowered their price objective on Celebrus Technologies from GBX 290 to GBX 280 and set a “buy” rating for the company in a research report on Wednesday, December 3rd. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat.com, Celebrus Technologies has an average rating of “Buy” and an average target price of GBX 280.

Celebrus Technologies Stock Performance

The firm has a 50-day moving average of GBX 137.98 and a 200-day moving average of GBX 151.88. The firm has a market capitalization of £51.14 million, a P/E ratio of 13.70 and a beta of 1.34.

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.