Cerillion (LON:CER) Share Price Passes Below 200-Day Moving Average – Should You Sell?

Cerillion Plc (LON:CERGet Free Report) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 1,435.98 and traded as low as GBX 1,320. Cerillion shares last traded at GBX 1,338.75, with a volume of 38,306 shares traded.

Analyst Upgrades and Downgrades

Several analysts have commented on CER shares. Panmure Gordon reaffirmed a “buy” rating and issued a GBX 2,000 target price on shares of Cerillion in a research note on Monday, November 24th. Berenberg Bank reissued a “buy” rating and set a GBX 2,125 price target on shares of Cerillion in a research note on Monday, November 24th. Canaccord Genuity Group restated a “buy” rating and set a GBX 2,250 price objective on shares of Cerillion in a report on Friday, January 9th. Finally, Peel Hunt reiterated a “buy” rating and issued a GBX 2,020 target price on shares of Cerillion in a research note on Monday, November 24th. Four investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, Cerillion has an average rating of “Buy” and a consensus price target of GBX 2,098.75.

View Our Latest Stock Analysis on CER

Cerillion Price Performance

The company’s 50-day moving average is GBX 1,523.81 and its 200-day moving average is GBX 1,435.98. The firm has a market capitalization of £395.47 million, a price-to-earnings ratio of 23.82 and a beta of 0.41. The company has a debt-to-equity ratio of 5.55, a current ratio of 4.45 and a quick ratio of 2.75.

About Cerillion

(Get Free Report)

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.

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