Celebrus Technologies (LON:CLBS) Trading 9.7% Higher – Should You Buy?

Celebrus Technologies plc (LON:CLBSGet Free Report) was up 9.7% during mid-day trading on Tuesday . The company traded as high as GBX 100 and last traded at GBX 96.50. Approximately 215,251 shares traded hands during trading, a decline of 1% from the average session volume of 216,513 shares. The stock had previously closed at GBX 88.

Wall Street Analysts Forecast Growth

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

Check Out Our Latest Research Report on CLBS

Celebrus Technologies Trading Up 0.2%

The firm has a market cap of £38.75 million, a price-to-earnings ratio of 10.77 and a beta of 0.84. The stock has a 50-day moving average of GBX 87.50 and a two-hundred day moving average of GBX 107.24.

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

Insider Buying and Selling

In related news, insider Helen Patricia Gilder acquired 5,409 shares of the company’s stock in a transaction that occurred on Tuesday, July 14th. The stock was acquired at an average price of GBX 9,235 per share, with a total value of £499,521.15. 18.07% of the stock is currently owned by company insiders.

Celebrus Technologies Company Profile

(Get Free Report)

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.

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