Cerillion (LON:CER) Stock Price Crosses Below Fifty Day Moving Average – Here’s What Happened

Cerillion Plc (LON:CER)’s stock price crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 1,536.79 ($20.12) and traded as low as GBX 1,325 ($17.34). Cerillion shares last traded at GBX 1,325 ($17.34), with a volume of 111,256 shares trading hands.

Cerillion Stock Down 1.9 %

The company has a debt-to-equity ratio of 5.77, a quick ratio of 2.75 and a current ratio of 4.13. The stock has a market cap of £385.52 million, a price-to-earnings ratio of 27.40 and a beta of 0.90. The business’s 50 day moving average is GBX 1,529.83 and its 200 day moving average is GBX 1,677.57.

Cerillion Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, February 20th. Stockholders of record on Thursday, January 16th were issued a dividend of GBX 9.20 ($0.12) per share. This is an increase from Cerillion’s previous dividend of $4.00. The ex-dividend date was Thursday, January 16th. This represents a dividend yield of 0.49%. Cerillion’s payout ratio is currently 25.30%.

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.