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Cerillion (LON:CER) Trading Up 1% - Time to Buy?

Cerillion logo with Computer and Technology background

Key Points

  • Cerillion Plc shares experienced a 1% increase on Monday, trading at GBX 1,480 ($19.88), with a slight decline in daily trading volume.
  • Analysts from Canaccord Genuity Group reaffirmed a "buy" rating for Cerillion, setting a price target of GBX 2,350 based on its growth potential.
  • The company has strong liquidity indicators, with a current ratio of 4.13 and a quick ratio of 2.75, indicating solid financial health.
  • Five stocks to consider instead of Cerillion.

Cerillion Plc (LON:CER - Get Free Report) shares traded up 1% during mid-day trading on Monday . The company traded as high as GBX 1,480 ($19.88) and last traded at GBX 1,480 ($19.88). 73,797 shares changed hands during trading, a decline of 1% from the average session volume of 74,425 shares. The stock had previously closed at GBX 1,465 ($19.68).

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group reissued a "buy" rating and issued a GBX 2,350 price target on shares of Cerillion in a report on Monday, September 8th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has an average rating of "Buy" and a consensus price target of GBX 2,350.

Read Our Latest Stock Report on CER

Cerillion Trading Up 1.0%

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 company has a market capitalization of £436.61 million, a P/E ratio of 3,076.92 and a beta of 0.90. The business has a fifty day moving average price of GBX 1,455.82 and a 200 day moving average price of GBX 1,539.43.

About Cerillion

(Get Free Report)

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.

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