Cerillion (LON:CER) Share Price Passes Below 200-Day Moving Average – Should You Sell?

Cerillion Plc (LON:CER) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 1,435.98 and traded as low as GBX 1,320. Cerillion shares last traded at GBX 1,338.75, with a volume of 38,306 shares changing hands.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on CER shares. Peel Hunt reissued a “buy” rating and set a GBX 2,020 price objective on shares of Cerillion in a research note on Monday, November 24th. Panmure Gordon reaffirmed a “buy” rating and issued a GBX 2,000 target price on shares of Cerillion in a research note on Monday, November 24th. Berenberg Bank reiterated a “buy” rating and set a GBX 2,125 target price on shares of Cerillion in a report on Monday, November 24th. Finally, Canaccord Genuity Group reissued a “buy” rating and set a GBX 2,250 price target on shares of Cerillion in a research report on Friday, January 9th. Four analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target of GBX 2,098.75.

Cerillion Stock Down 1.6%

The stock has a market cap of £395.47 million, a price-to-earnings ratio of 23.82 and a beta of 0.41. The company has a current ratio of 4.45, a quick ratio of 2.75 and a debt-to-equity ratio of 5.55. The firm’s 50 day moving average is GBX 1,523.81 and its two-hundred day moving average is GBX 1,435.98.

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.