Cerillion (LON:CER) Stock Price Down 0.7% - Here's What Happened

Cerillion Plc (LON:CER - Get Free Report) dropped 0.7% on Monday . The company traded as low as GBX 1,490 ($19.99) and last traded at GBX 1,500 ($20.13). Approximately 44,550 shares were traded during trading, a decline of 48% from the average daily volume of 85,796 shares. The stock had previously closed at GBX 1,510 ($20.26).

Analyst Ratings Changes

Separately, Canaccord Genuity Group restated a "speculative buy" rating and set a GBX 2,350 ($31.54) price objective on shares of Cerillion in a report on Monday, May 19th.

Cerillion Trading Up 1.4%

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's fifty day moving average is GBX 1,668.56 and its 200 day moving average is GBX 1,597.22. The firm has a market capitalization of £438.90 million, a price-to-earnings ratio of 31.20 and a beta of 0.90.

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