Cerillion (LON:CER) Hits New 1-Year Low – Should You Sell?

Shares of Cerillion Plc (LON:CER) reached a new 52-week low during mid-day trading on Friday . The company 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.

Wall Street Analysts Forecast Growth

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

Cerillion Price Performance

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 stock has a market capitalization of £292.46 million, a PE ratio of 21.38 and a beta of 0.50. The firm has a 50 day moving average price of GBX 1,153.47 and a 200 day moving average price of GBX 1,323.86.

Cerillion (LON:CER) last announced its earnings results on Monday, June 1st. The company reported GBX 14.10 EPS for the quarter. The company had revenue of GBX 1,801 million for the quarter. Cerillion had a return on equity of 22.77% and a net margin of 32.24%. Research analysts anticipate 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. It offers customers a range of pre-integrated modules, which may be taken selectively for particular functions or together for a complete solution.