Cerillion (LON:CER) Stock Passes Above Fifty Day Moving Average – Should You Sell?
by Jessica Moore · The Cerbat GemShares of Cerillion Plc (LON:CER – Get Free Report) 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.
Get Our Latest Research Report on CER
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.