Celebrus Technologies (LON:CLBS) Shares Up 9.7% – What’s Next?

Celebrus Technologies plc (LON:CLBS)’s share price traded up 9.7% during trading on Tuesday . The company traded as high as GBX 100 and last traded at GBX 96.50. Approximately 215,251 shares were traded during mid-day trading, a decline of 1% from the average session volume of 216,513 shares. The stock had previously closed at GBX 88.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group lowered their target price 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 research analyst has rated the stock with a Buy rating, According to MarketBeat.com, Celebrus Technologies has an average rating of “Buy” and an average target price of GBX 150.

Celebrus Technologies Price Performance

The stock’s fifty day simple moving average is GBX 86.89 and its 200-day simple moving average is GBX 107.67. The stock has a market cap of £36.59 million, a P/E ratio of 10.17 and a beta of 0.84.

Celebrus Technologies (LON:CLBS) last posted its earnings results on Tuesday, July 14th. The company reported GBX 1.07 EPS for the quarter. Celebrus Technologies had a return on equity of 9.86% and a net margin of 12.38%.

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.