Celebrus Technologies (LON:CLBS) Stock Price Down 2.2% – Time to Sell?

Celebrus Technologies plc (LON:CLBS) shares traded down 2.2% during mid-day trading on Thursday . The company traded as low as GBX 143 and last traded at GBX 143.35. 150,730 shares were traded during trading, an increase of 87% from the average session volume of 80,393 shares. The stock had previously closed at GBX 146.50.

Analyst Ratings Changes

A number of equities analysts have issued reports on the company. Shore Capital restated a “no recommendation” rating on shares of Celebrus Technologies in a report on Thursday, July 31st. Canaccord Genuity Group raised Celebrus Technologies to a “buy” rating and set a GBX 290 price target on the stock in a research report on Tuesday, July 8th. Two analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Celebrus Technologies currently has a consensus rating of “Buy” and an average target price of GBX 382.50.

Celebrus Technologies Price Performance

The company has a market cap of £56.44 million, a price-to-earnings ratio of 9.06 and a beta of 1.34. The stock has a 50-day moving average price of GBX 162.75 and a 200 day moving average price of GBX 169.55.

Insider Activity at Celebrus Technologies

In other news, insider Bill Bruno sold 21,164 shares of the firm’s stock in a transaction dated Friday, September 12th. The stock was sold at an average price of GBX 160, for a total transaction of £33,862.40. 17.36% of the stock is currently owned by corporate insiders.

Celebrus Technologies Company Profile

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.