Cerillion (LON:CER) Trading Down 13.5% – Time to Sell?

Shares of Cerillion Plc (LON:CER) fell 13.5% on Thursday . The company traded as low as GBX 1,588 ($21.55) and last traded at GBX 1,644 ($22.31). 135,237 shares were traded during mid-day trading, an increase of 115% from the average session volume of 62,794 shares. The stock had previously closed at GBX 1,900 ($25.78).

Analyst Ratings Changes

Separately, Canaccord Genuity Group restated a “speculative buy” rating and set a GBX 2,350 ($31.89) target price on shares of Cerillion in a report on Monday, May 19th.

Cerillion Stock Up 0.3%

The stock has a market capitalization of £467.07 million, a price-to-earnings ratio of 33.20 and a beta of 0.90. The company has a debt-to-equity ratio of 5.77, a current ratio of 4.13 and a quick ratio of 2.75. The business has a fifty day moving average of GBX 1,645.59 and a 200 day moving average of GBX 1,646.70.

Cerillion (LON:CER) last announced its quarterly earnings results on Monday, May 19th. The company reported GBX 23.90 ($0.32) earnings per share for the quarter. Cerillion had a net margin of 34.15% and a return on equity of 30.92%. As a group, equities analysts predict that Cerillion Plc will post 53.0708661 earnings per share 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.