Cerillion (LON:CER) Sets New 52-Week Low – Should You Sell?

Cerillion Plc (LON:CER)’s share price reached a new 52-week low on Tuesday. The company traded as low as GBX 650 and last traded at GBX 660, with a volume of 167,477 shares. The stock had previously closed at GBX 688.

Analysts Set New Price Targets

Several equities analysts have issued reports on the company. Canaccord Genuity Group cut their target price on Cerillion from GBX 2,060 to GBX 1,760 and set a “buy” rating on the stock in a research note on Monday, September 14th. Berenberg Bank decreased their price target on shares of Cerillion from GBX 2,015 to GBX 1,375 and set a “buy” rating for the company in a research report on Wednesday, September 16th. Finally, Deutsche Bank Aktiengesellschaft lowered their price target on shares of Cerillion from GBX 1,400 to GBX 1,200 and set a “buy” rating on the stock in a report on Tuesday, September 15th. Five investment analysts have rated the stock with a Buy rating. According to data from MarketBeat, the stock currently has an average rating of “Buy” and an average target price of GBX 1,671.

Cerillion Stock Performance

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’s 50 day simple moving average is GBX 818.78 and its 200 day simple moving average is GBX 1,074.01. The firm has a market capitalization of £194.98 million, a price-to-earnings ratio of 14.25 and a beta of 0.49.

Cerillion Company Profile

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.