Celtic (LON:CCP) Shares Cross Below 200 Day Moving Average - Should You Sell?

Celtic plc (LON:CCP - Get Free Report)'s stock price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 162.75 ($2.19) and traded as low as GBX 142 ($1.91). Celtic shares last traded at GBX 146.24 ($1.96), with a volume of 2,041 shares changing hands.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group reissued a "buy" rating and issued a GBX 208 ($2.79) price objective on shares of Celtic in a research report on Tuesday, February 11th.

Celtic Stock Performance

The company has a debt-to-equity ratio of 0.92, a quick ratio of 0.86 and a current ratio of 1.46. The stock's 50-day simple moving average is GBX 158.13 and its 200 day simple moving average is GBX 162.75. The company has a market capitalization of £129.53 million, a PE ratio of 10.23 and a beta of 0.36.

Celtic (LON:CCP - Get Free Report) last posted its earnings results on Tuesday, February 11th. The company reported GBX 34.70 ($0.47) EPS for the quarter. Celtic had a net margin of 17.19% and a return on equity of 14.28%. As a group, research analysts expect that Celtic plc will post 10.6918239 earnings per share for the current fiscal year.

Celtic Company Profile

Celtic plc, through its subsidiary, Celtic F.C. Limited, operates a professional football club in the United Kingdom. The company operates through three segments: Football and Stadium Operations, Merchandising, and Multimedia and Other Commercial Activities. It is involved in the operation of a professional football club covering various activities, including football operations and investment; operation of the Celtic FC Youth Academy; match ticketing; merchandising; partner programs; marketing and brand protection; multimedia; stadium operations; facilities and property; catering and hospitality; public and supporter relations; and human resources.

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