Celebrus Technologies (LON:CLBS) Sets New 1-Year Low – Here’s What Happened

Celebrus Technologies plc (LON:CLBS)’s share price hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as GBX 120 and last traded at GBX 123.76, with a volume of 99033 shares changing hands. The stock had previously closed at GBX 126.50.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group cut their price target on shares of 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 analyst has rated the stock with a Buy rating, According to MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of GBX 280.

Celebrus Technologies Price Performance

The firm’s 50 day moving average is GBX 134.72 and its 200 day moving average is GBX 144.44. The company has a market capitalization of £48.60 million, a PE ratio of 13.04 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.