Celebrus Technologies (LON:CLBS) Issues Quarterly Earnings Results

Celebrus Technologies (LON:CLBS - Get Free Report) posted its quarterly earnings results on Tuesday. The company reported GBX 18.30 ($0.25) earnings per share for the quarter, Digital Look Earnings reports. Celebrus Technologies had a return on equity of 14.32% and a net margin of 12.37%.

Celebrus Technologies Price Performance

Shares of LON:CLBS traded up GBX 1 ($0.01) on Wednesday, hitting GBX 181 ($2.46). 335,775 shares of the company's stock were exchanged, compared to its average volume of 69,301. Celebrus Technologies has a 12 month low of GBX 140 ($1.90) and a 12 month high of GBX 316 ($4.30). The stock has a market capitalization of £71.94 million, a price-to-earnings ratio of 17.83 and a beta of 1.34. The business's 50 day simple moving average is GBX 168.71 and its two-hundred day simple moving average is GBX 206.51.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the company. Canaccord Genuity Group upgraded Celebrus Technologies to a "buy" rating and set a GBX 290 ($3.94) price target for the company in a research note on Tuesday. Shore Capital restated a "no recommendation" rating on shares of Celebrus Technologies in a research note on Tuesday.

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.