Celebrus Technologies (LON:CLBS) Trading 1.4% Higher - Should You Buy?

Key Points

• Celebrus Technologies shares increased by 1.4% to a last traded price of GBX 172.89 ($2.33), despite a significant decrease in trading volume.
• Several investment analysts have given the stock a consensus rating of "Buy" with an average price target of GBX 382.50, indicating strong growth potential.
• The company's latest earnings report highlighted an EPS of GBX 18.30 and a net margin of 12.37%, emphasizing its profitable operations in the tech sector.

Celebrus Technologies plc (LON:CLBS - Get Free Report) shares shot up 1.4% during trading on Monday . The stock traded as high as GBX 174.94 ($2.36) and last traded at GBX 172.89 ($2.33). 26,579 shares were traded during mid-day trading, a decline of 66% from the average session volume of 78,826 shares. The stock had previously closed at GBX 170.50 ($2.30).

Analysts Set New Price Targets

Several research firms have recently commented on CLBS. Shore Capital reissued a "no recommendation" rating on shares of Celebrus Technologies in a report on Thursday, July 31st. Canaccord Genuity Group raised Celebrus Technologies to a "buy" rating and set a GBX 290 price target for the company in a report on Tuesday, July 8th. Two equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock has an average rating of "Buy" and a consensus price target of GBX 382.50.

Celebrus Technologies Stock Up 0.2%

The firm has a fifty day moving average of GBX 166.45 and a 200-day moving average of GBX 186.88. The stock has a market capitalization of £66.01 million, a price-to-earnings ratio of 1,367.08 and a beta of 1.34.

Celebrus Technologies (LON:CLBS - Get Free Report) last issued its quarterly earnings data on Tuesday, July 8th. The company reported GBX 18.30 earnings per share (EPS) for the quarter. Celebrus Technologies had a return on equity of 14.32% and a net margin of 12.37%.

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.