Cerillion (LON:CER) Announces Quarterly Earnings Results

Cerillion (LON:CER) posted its earnings results on Monday. The company reported GBX 14.10 earnings per share for the quarter, Digital Look Earnings reports. The company had revenue of GBX 1,801 million for the quarter. Cerillion had a net margin of 36.64% and a return on equity of 29.90%.

Cerillion Stock Down 3.6%

Shares of CER opened at GBX 1,350 on Monday. Cerillion has a 1 year low of GBX 990 and a 1 year high of GBX 1,950. The company has a debt-to-equity ratio of 5.55, a current ratio of 4.45 and a quick ratio of 2.75. The stock has a 50 day simple moving average of GBX 1,298.63 and a two-hundred day simple moving average of GBX 1,378.92. The firm has a market cap of £398.80 million, a P/E ratio of 24.02 and a beta of 0.50.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on CER. Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 2,250 target price on shares of Cerillion in a report on Wednesday, April 22nd. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 2,015 price objective on shares of Cerillion in a research report on Monday. Four analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Cerillion currently has a consensus rating of “Buy” and an average price target of GBX 2,071.25.

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.