Cerillion (LON:CER) Stock Price Crosses Below 50 Day Moving Average – Should You Sell?

Cerillion Plc (LON:CER) shares passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 1,493.42 ($20.17) and traded as low as GBX 1,390 ($18.77). Cerillion shares last traded at GBX 1,400 ($18.90), with a volume of 34,939 shares traded.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group restated a “speculative buy” rating and issued a GBX 2,350 price target on shares of Cerillion in a research report on Monday, May 19th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of GBX 2,350.

Cerillion Stock Performance

The firm has a market capitalization of £413.01 million, a price-to-earnings ratio of 2,910.60 and a beta of 0.90. The firm’s 50-day moving average price is GBX 1,493.42 and its two-hundred day moving average price is GBX 1,557.85. The company has a debt-to-equity ratio of 5.77, a quick ratio of 2.75 and a current ratio of 4.13.

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.