Cerillion (LON:CER) Stock Passes Above Fifty Day Moving Average – Should You Sell?

Shares of Cerillion Plc (LON:CER) passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 1,297.98 and traded as high as GBX 1,350. Cerillion shares last traded at GBX 1,330, with a volume of 138,217 shares trading hands.

Analyst Ratings Changes

Several brokerages have weighed in on CER. Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 2,250 target price on shares of Cerillion in a research note on Wednesday, April 22nd. Berenberg Bank lowered their target price on Cerillion from GBX 2,200 to GBX 2,015 and set a “buy” rating on the stock in a research note on Wednesday, April 22nd. Four equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company has an average rating of “Buy” and an average target price of GBX 2,071.25.

Cerillion Stock Down 0.7%

The firm has a 50 day simple moving average of GBX 1,297.98 and a two-hundred day simple moving average of GBX 1,388.28. The company has a market capitalization of £392.90 million, a PE ratio of 23.67 and a beta of 0.50. The company has a current ratio of 4.45, a quick ratio of 2.75 and a debt-to-equity ratio of 5.55.

About Cerillion

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.