Celebrus Technologies (LON:CLBS) Sets New 52-Week Low – Time to Sell?

Celebrus Technologies plc (LON:CLBS) reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as GBX 120 and last traded at GBX 123.76, with a volume of 99033 shares. The stock had previously closed at GBX 126.50.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group lowered their price target on Celebrus Technologies from GBX 290 to GBX 280 and set a “buy” rating for the company in a research report on Wednesday, December 3rd. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat, Celebrus Technologies currently has an average rating of “Buy” and a consensus price target of GBX 280.

Celebrus Technologies Trading Down 2.2%

The firm has a market capitalization of £48.60 million, a P/E ratio of 13.04 and a beta of 0.66. The company’s fifty day simple moving average is GBX 134.72 and its 200 day simple moving average is GBX 144.44.

About Celebrus Technologies

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.