Cerillion (LON:CER) Trading Down 13.5% - Should You Sell?

Cerillion Plc (LON:CER - Get Free Report) shares were down 13.5% during mid-day trading on Thursday . The stock traded as low as GBX 1,588 ($21.51) and last traded at GBX 1,644 ($22.27). Approximately 135,237 shares traded hands during mid-day trading, an increase of 115% from the average daily volume of 62,794 shares. The stock had previously closed at GBX 1,900 ($25.74).

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group reaffirmed a "speculative buy" rating and set a GBX 2,350 ($31.84) target price on shares of Cerillion in a research report on Monday, May 19th.

Cerillion Price Performance

The company has a quick ratio of 2.75, a current ratio of 4.13 and a debt-to-equity ratio of 5.77. The business has a 50-day moving average price of GBX 1,649.69 and a two-hundred day moving average price of GBX 1,642.60. The company has a market capitalization of £467.07 million, a price-to-earnings ratio of 33.20 and a beta of 0.90.

Cerillion (LON:CER - Get Free Report) last issued its earnings results on Monday, May 19th. The company reported GBX 23.90 ($0.32) earnings per share for the quarter. Cerillion had a return on equity of 30.92% and a net margin of 34.15%. As a group, research analysts anticipate that Cerillion Plc will post 53.0708661 EPS for the current year.

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.