Cerillion (LON:CER) Insider Acquires £138,000 in Stock

Cerillion Plc (LON:CER) insider Guy O?Connor purchased 20,000 shares of the company’s stock in a transaction that occurred on Wednesday, October 21st. The shares were purchased at an average price of GBX 690 per share, with a total value of £138,000.

Cerillion Stock Performance

Shares of CER stock opened at GBX 700 on Friday. The stock’s fifty day moving average is GBX 800.58 and its two-hundred day moving average is GBX 1,058.43. The company has a debt-to-equity ratio of 6.60, a quick ratio of 2.75 and a current ratio of 4.83. The firm has a market capitalization of £206.79 million, a P/E ratio of 15.12 and a beta of 0.49. Cerillion Plc has a fifty-two week low of GBX 650 and a fifty-two week high of GBX 1,770.

Analysts Set New Price Targets

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

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.