Celebrus Technologies (LON:CLBS) Sets New 12-Month Low – Time to Sell?

Shares of Celebrus Technologies plc (LON:CLBS) hit a new 52-week low on Monday . The stock traded as low as GBX 88.35 and last traded at GBX 90.78, with a volume of 291796 shares trading hands. The stock had previously closed at GBX 91.50.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group cut their price target on Celebrus Technologies from GBX 290 to GBX 280 and set a “buy” rating for the company in a research note on Wednesday, December 3rd. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of GBX 280.

Celebrus Technologies Stock Down 0.8%

The company’s fifty day moving average price is GBX 126.92 and its two-hundred day moving average price is GBX 139.50. The firm has a market cap of £35.65 million, a PE ratio of 9.57 and a beta of 0.66.

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.