Cerillion (LON:CER) Stock Crosses Above 50 Day Moving Average - Time to Sell?

Key Points

• Cerillion briefly traded above its 50‑day moving average—it reached GBX 1,340 intraday versus a 50‑day MA of GBX 1,317.34, but its last trade was GBX 1,290 (below both the 50‑day and the 200‑day MA of GBX 1,392.49).
• Analysts remain bullish: the stock has a consensus "Buy" (four Buy ratings) with an average target of GBX 2,071.25; Berenberg trimmed its target to GBX 2,015 while Canaccord left a GBX 2,250 target.
• Key fundamentals: market cap ~£384.6m and a P/E of 23.17, with strong liquidity (quick ratio 2.75, current ratio 4.45) but a high debt‑to‑equity ratio of 5.55.

Cerillion Plc (LON:CER - Get Free Report)'s share price crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 1,317.34 and traded as high as GBX 1,340. Cerillion shares last traded at GBX 1,290, with a volume of 100,985 shares traded.

Analysts Set New Price Targets

Several brokerages have issued reports on CER. Berenberg Bank lowered their price objective on shares of Cerillion from GBX 2,200 to GBX 2,015 and set a "buy" rating on the stock in a research report on Wednesday, April 22nd. Canaccord Genuity Group reaffirmed a "buy" rating and issued a GBX 2,250 target price on shares of Cerillion in a report on Wednesday, April 22nd. Four research analysts have rated the stock with a Buy rating, According to MarketBeat, the company currently has an average rating of "Buy" and a consensus target price of GBX 2,071.25.

Cerillion Trading Up 0.9%

The firm has a market cap of £384.62 million, a PE ratio of 23.17 and a beta of 0.55. The company's fifty day moving average price is GBX 1,317.34 and its two-hundred day moving average price is GBX 1,392.49. The company has a quick ratio of 2.75, a current ratio of 4.45 and a debt-to-equity ratio of 5.55.

Cerillion Company Profile

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. It offers customers a range of pre-integrated modules, which may be taken selectively for particular functions or together for a complete solution.

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