Celebrus Technologies (LON:CLBS) Shares Down 3.2% – Here’s What Happened

Celebrus Technologies plc (LON:CLBS)’s stock price traded down 3.2% during trading on Tuesday . The stock traded as low as GBX 89.20 and last traded at GBX 92. 85,870 shares traded hands during trading, a decline of 64% from the average session volume of 239,725 shares. The stock had previously closed at GBX 95.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group reduced their price objective on shares of Celebrus Technologies from GBX 280 to GBX 150 and set a “buy” rating for the company in a research note on Monday, April 27th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of GBX 150.

Celebrus Technologies Stock Down 4.1%

The company has a 50-day moving average of GBX 89.54 and a 200 day moving average of GBX 115.97. The firm has a market capitalization of £32.24 million, a PE ratio of 8.89 and a beta of 0.80.

About Celebrus Technologies

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.