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Celtic (LON:CCP) Stock Crosses Below Two Hundred Day Moving Average - Should You Sell?

Celtic logo with Communication Services background

Celtic plc (LON:CCP - Get Free Report)'s share price crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 161.61 ($2.19) and traded as low as GBX 151.80 ($2.06). Celtic shares last traded at GBX 154.14 ($2.09), with a volume of 11,246 shares traded.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group restated a "buy" rating and set a GBX 208 ($2.82) target price on shares of Celtic in a research note on Tuesday, February 11th.

View Our Latest Analysis on CCP

Celtic Price Performance

The firm has a market cap of £137.91 million, a PE ratio of 10.89 and a beta of 0.36. The company has a quick ratio of 0.86, a current ratio of 1.46 and a debt-to-equity ratio of 0.92. The stock has a 50 day moving average price of GBX 149.28 and a two-hundred day moving average price of GBX 161.57.

Celtic Company Profile

(Get Free Report)

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.

See Also

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