Cerillion (LON:CER) Hits New 12-Month Low – Time to Sell?

Cerillion Plc (LON:CER) shares reached a new 52-week low during trading on Thursday . The stock traded as low as GBX 900 and last traded at GBX 900, with a volume of 141205 shares. The stock had previously closed at GBX 925.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on CER. Berenberg Bank reiterated a “buy” rating and issued a GBX 2,015 price objective on shares of Cerillion in a research note on Monday, June 1st. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a GBX 1,575 target price on shares of Cerillion in a research report on Tuesday, June 2nd. Finally, Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 2,060 price target on shares of Cerillion in a research report on Monday, June 29th. Four equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, Cerillion presently has a consensus rating of “Moderate Buy” and an average price target of GBX 1,934.

Cerillion Stock Down 2.7%

The company’s fifty day simple moving average is GBX 1,086.83 and its 200 day simple moving average is GBX 1,288.96. The company has a quick ratio of 2.75, a current ratio of 4.83 and a debt-to-equity ratio of 6.60. The firm has a market capitalization of £265.87 million, a PE ratio of 19.44 and a beta of 0.49.

Cerillion (LON:CER) last posted its earnings results on Monday, June 1st. The company reported GBX 14.10 earnings per share for the quarter. The firm had revenue of GBX 1,801 million for the quarter. Cerillion had a return on equity of 22.77% and a net margin of 32.24%. Analysts anticipate that Cerillion Plc will post 53.0708661 earnings per share for the current fiscal year.

About Cerillion

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.