Cerillion (LON:CER) Sets New 52-Week Low – Here’s Why

Cerillion Plc (LON:CER)’s share price reached a new 52-week low during trading on Friday . The stock traded as low as GBX 990 and last traded at GBX 990, with a volume of 73763 shares. The stock had previously closed at GBX 1,000.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the company. Berenberg Bank restated a “buy” rating and set a GBX 2,015 price target on shares of Cerillion in a report on Monday, June 1st. Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 2,060 price target on shares of Cerillion in a research note on Monday, June 29th. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a GBX 1,575 price objective on shares of Cerillion in a research report on Tuesday, June 2nd. Four analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of GBX 1,934.

Cerillion Trading Down 1.0%

The company has a debt-to-equity ratio of 6.60, a quick ratio of 2.75 and a current ratio of 4.83. The firm has a market cap of £292.46 million, a PE ratio of 21.38 and a beta of 0.50. The stock has a 50-day simple moving average of GBX 1,153.47 and a two-hundred day simple moving average of GBX 1,323.86.

Cerillion (LON:CER) last announced its quarterly earnings results on Monday, June 1st. The company reported GBX 14.10 EPS for the quarter. Cerillion had a net margin of 32.24% and a return on equity of 22.77%. The firm had revenue of GBX 1,801 million during the quarter. As a group, sell-side analysts anticipate that Cerillion Plc will post 53.0708661 EPS for the current year.

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.