Cerillion (LON:CER) Sets New 52-Week Low – Should You Sell?

Cerillion Plc (LON:CER) shares hit a new 52-week low on Tuesday. The stock traded as low as GBX 650 and last traded at GBX 660, with a volume of 167,477 shares traded. The stock had previously closed at GBX 688.

Analysts Set New Price Targets

CER has been the subject of several analyst reports. Canaccord Genuity Group decreased their price objective on Cerillion from GBX 2,060 to GBX 1,760 and set a “buy” rating for the company in a report on Monday, September 14th. Berenberg Bank lowered their target price on Cerillion from GBX 2,015 to GBX 1,375 and set a “buy” rating on the stock in a research note on Wednesday, September 16th. Finally, Deutsche Bank Aktiengesellschaft dropped their target price on Cerillion from GBX 1,400 to GBX 1,200 and set a “buy” rating on the stock in a report on Tuesday, September 15th. Five investment analysts have rated the stock with a Buy rating. According to data from MarketBeat.com, Cerillion presently has a consensus rating of “Buy” and a consensus target price of GBX 1,671.

Cerillion Stock 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 firm’s fifty day moving average price is GBX 818.78 and its two-hundred day moving average price is GBX 1,074.01. The stock has a market capitalization of £194.98 million, a PE ratio of 14.25 and a beta of 0.49.

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.