Cerillion (LON:CER) Share Price Crosses Above 50 Day Moving Average - Should You Sell?

Cerillion Plc (LON:CER - Get Free Report) shares crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 1,520.49 ($20.39) and traded as high as GBX 1,835 ($24.61). Cerillion shares last traded at GBX 1,835 ($24.61), with a volume of 13,790 shares changing hands.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group reissued a "speculative buy" rating and issued a GBX 2,350 ($31.51) price target on shares of Cerillion in a report on Monday.

Cerillion Stock Down 0.6%

The company has a market cap of £521.93 million, a PE ratio of 37.10 and a beta of 0.90. The stock has a 50-day moving average of GBX 1,542.05 and a 200-day moving average of GBX 1,648.35. The company has a quick ratio of 2.75, a current ratio of 4.13 and a debt-to-equity ratio of 5.77.

Cerillion (LON:CER - Get Free Report) last posted its quarterly earnings data on Monday, May 19th. The company reported GBX 23.90 ($0.32) earnings per share for the quarter. Cerillion had a net margin of 34.15% and a return on equity of 30.92%. Sell-side analysts predict that Cerillion Plc will post 53.0708661 earnings per share for the current fiscal year.

About Cerillion

Established in 1999, Cerillion provides mission-critical software for billing, charging and customer relationship management mainly for telecommunications providers, but also for other sectors, including energy and utilities. Cerillion provides customers with a fully-integrated, functionally-rich product suite that provides a complete end-to-end solution.