Insider Buying: Celebrus Technologies (LON:CLBS) Insider Acquires 10,000 Shares of Stock

Celebrus Technologies plc (LON:CLBS) insider Ashoni (Ash) Kumar Mehta acquired 10,000 shares of the business’s stock in a transaction that occurred on Wednesday, July 15th. The stock was purchased at an average price of GBX 99 per share, for a total transaction of £9,900.

Ashoni (Ash) Kumar Mehta also recently made the following trade(s):

• On Tuesday, July 14th, Ashoni (Ash) Kumar Mehta acquired 50,000 shares of Celebrus Technologies stock. The stock was purchased at an average price of GBX 96 per share, with a total value of £48,000.

Celebrus Technologies Price Performance

Celebrus Technologies stock opened at GBX 102.20 on Thursday. Celebrus Technologies plc has a fifty-two week low of GBX 74 and a fifty-two week high of GBX 194. The firm’s 50 day simple moving average is GBX 87.50 and its 200-day simple moving average is GBX 107.24. The company has a market cap of £38.75 million, a P/E ratio of 10.77 and a beta of 0.84.

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

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group lowered their target price on Celebrus Technologies from GBX 280 to GBX 150 and set a “buy” rating on the stock in a research report on Monday, April 27th. One research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of GBX 150.

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.