Cerillion (LON:CER) Trading Up 1.3% - Still a Buy?

Key Points

• Cerillion Plc stock rose by 1.3%, trading at GBX 1,545 ($20.53) on Monday after a 49% drop in trading volume compared to the average.
• Analysts at Canaccord Genuity Group maintained a "speculative buy" rating with a target price of GBX 2,350 ($31.23) for Cerillion shares.
• The company's latest earnings report showed an EPS of GBX 23.90 ($0.32) and a robust net margin of 34.15%.

Cerillion Plc (LON:CER - Get Free Report) was up 1.3% on Monday . The company traded as high as GBX 1,550 ($20.60) and last traded at GBX 1,545 ($20.53). Approximately 41,730 shares traded hands during trading, a decline of 49% from the average daily volume of 81,542 shares. The stock had previously closed at GBX 1,525 ($20.27).

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group restated a "speculative buy" rating and issued a GBX 2,350 ($31.23) price objective on shares of Cerillion in a research note on Monday, May 19th.

Cerillion Trading Up 1.3%

The firm has a 50-day moving average of GBX 1,602.70 and a two-hundred day moving average of GBX 1,579.71. The firm has a market capitalization of £458.17 million, a P/E ratio of 32.57 and a beta of 0.90. The company has a current ratio of 4.13, a quick ratio of 2.75 and a debt-to-equity ratio of 5.77.

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

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