Cerillion (LON:CER) Sets New 1-Year Low – What’s Next?

Cerillion Plc (LON:CER)’s stock price reached a new 52-week low during mid-day trading on Friday . The stock traded as low as GBX 990 and last traded at GBX 990, with a volume of 73763 shares. The stock had previously closed at GBX 1,000.

Analysts Set New Price Targets

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

Cerillion Price Performance

The firm has a market cap of £292.46 million, a PE ratio of 21.38 and a beta of 0.50. The company has a current ratio of 4.83, a quick ratio of 2.75 and a debt-to-equity ratio of 6.60. The company has a 50 day moving average price of GBX 1,146.97 and a 200 day moving average price of GBX 1,321.53.

Cerillion (LON:CER) last released its quarterly earnings data 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 during the quarter. Cerillion had a return on equity of 22.77% and a net margin of 32.24%. On average, sell-side analysts expect that Cerillion Plc will post 53.0708661 EPS for the current 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.