Celebrus Technologies (LON:CLBS) Shares Down 0.7%

Celebrus Technologies plc (LON:CLBS)’s stock price dropped 0.7% during mid-day trading on Wednesday . The stock traded as low as GBX 275 ($3.60) and last traded at GBX 284 ($3.71). Approximately 28,149 shares changed hands during trading, a decline of 70% from the average daily volume of 94,192 shares. The stock had previously closed at GBX 286 ($3.74).

Wall Street Analysts Forecast Growth

CLBS has been the subject of several research reports. Shore Capital reissued a “not rated” rating on shares of Celebrus Technologies in a report on Tuesday, July 9th. Canaccord Genuity Group restated a “buy” rating and set a GBX 330 ($4.32) price target on shares of Celebrus Technologies in a report on Tuesday, July 9th.

Celebrus Technologies Trading Up 0.7 %

The firm has a market capitalization of £111.22 million, a P/E ratio of 2,820.00 and a beta of 1.34. The stock has a 50-day simple moving average of GBX 264.66 and a two-hundred day simple moving average of GBX 231.61.

Celebrus Technologies Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, August 16th. Investors of record on Thursday, July 18th were issued a dividend of GBX 2.23 ($0.03) per share. This represents a yield of 0.89%. This is a positive change from Celebrus Technologies’s previous dividend of $0.92. The ex-dividend date of this dividend was Thursday, July 18th. Celebrus Technologies’s dividend payout ratio (DPR) is presently 3,000.00%.

Celebrus Technologies Company Profile

Celebrus Technologies plc, together with its subsidiaries, provides information technology products and services. It offers Celebrus, a suite of data-driven solutions for data capture, fraud and scams, and data management solutions. The company provides services that are focused on delivering data management solutions using public and private cloud infrastructure; and fraud detection and prevention services through fraud data platform.