Cerillion (LON:CER) Reaches New 1-Year Low – Time to Sell?

Cerillion Plc (LON:CER)’s share price hit a new 52-week low during mid-day trading on Wednesday. The company traded as low as GBX 356 and last traded at GBX 680, with a volume of 215,217 shares changing hands. The stock had previously closed at GBX 682.

Analysts Set New Price Targets

Several equities research analysts have commented on CER shares. Canaccord Genuity Group dropped their price objective on shares of Cerillion from GBX 2,060 to GBX 1,760 and set a “buy” rating on the stock in a report on Monday, September 14th. Deutsche Bank Aktiengesellschaft cut their target price on shares of Cerillion from GBX 1,400 to GBX 1,200 and set a “buy” rating for the company in a research report on Tuesday, September 15th. Finally, Berenberg Bank reduced their target price on shares of Cerillion from GBX 2,015 to GBX 1,375 and set a “buy” rating for the company in a research note on Wednesday, September 16th. Five research analysts have rated the stock with a Buy rating. According to MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of GBX 1,671.

Cerillion Stock Down 0.3%

The stock has a fifty day simple moving average of GBX 840.82 and a two-hundred day simple moving average of GBX 1,086.36. The firm has a market cap of £200.89 million, a PE ratio of 14.69 and a beta of 0.49. The company has a current ratio of 4.83, a quick ratio of 2.75 and a debt-to-equity ratio of 6.60.

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. It offers customers a range of pre-integrated modules, which may be taken selectively for particular functions or together for a complete solution.