Insider Buying: Celebrus Technologies (LON:CLBS) Insider Acquires £48,000 in Stock

Celebrus Technologies plc (LON:CLBS) insider Ashoni (Ash) Kumar Mehta purchased 50,000 shares of the company’s stock in a transaction on Tuesday, July 14th. The stock was bought at an average cost of GBX 96 per share, for a total transaction of £48,000.

Ashoni (Ash) Kumar Mehta also recently made the following trade(s):

• On Wednesday, July 15th, Ashoni (Ash) Kumar Mehta bought 10,000 shares of Celebrus Technologies stock. The stock was bought at an average price of GBX 99 per share, for a total transaction of £9,900.

Celebrus Technologies Stock Up 0.2%

Shares of Celebrus Technologies stock opened at GBX 102.20 on Thursday. Celebrus Technologies plc has a 12-month low of GBX 74 and a 12-month high of GBX 194. The firm has a market capitalization of £38.75 million, a PE ratio of 10.77 and a beta of 0.84. The stock’s fifty day moving average is GBX 87.50 and its 200-day moving average is GBX 107.24.

Celebrus Technologies (LON:CLBS) last posted its quarterly earnings data on Tuesday, July 14th. The company reported GBX 1.07 EPS for the quarter. Celebrus Technologies had a negative net margin of 2.17% and a negative return on equity of 1.32%.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group reduced their price objective on Celebrus Technologies from GBX 280 to GBX 150 and set a “buy” rating for the company in a research note on Monday, April 27th. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of GBX 150.

Celebrus Technologies Company Profile

As a disruptive data technology platform, Celebrus is focused on improving the relationships between brands and consumers via better data. Celebrus redefines what digital identity verification means to power both next-level marketing and fraud prevention use cases. Deployed across 30+ countries throughout the financial services, healthcare, retail, travel, and telecommunications sectors, Celebrus automatically captures, contextualises, and activates consumer behavioral data in live-time across all digital channels.