Cerillion (LON:CER) Shares Up 1.3% - Here's Why

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)'s share price was up 1.3% during trading on Monday . The company traded as high as GBX 1,550 ($20.84) and last traded at GBX 1,545 ($20.78). Approximately 41,730 shares were traded during trading, a decline of 49% from the average daily volume of 81,542 shares. The stock had previously closed at GBX 1,525 ($20.51).

Analyst Ratings Changes

Separately, Canaccord Genuity Group reaffirmed a "speculative buy" rating and set a GBX 2,350 ($31.60) price target on shares of Cerillion in a research note on Monday, May 19th.

Cerillion Stock Down 1.2%

The company has a debt-to-equity ratio of 5.77, a current ratio of 4.13 and a quick ratio of 2.75. The firm's 50-day moving average price is GBX 1,584.66 and its 200 day moving average price is GBX 1,578.68. The firm has a market capitalization of £440.97 million, a price-to-earnings ratio of 31.35 and a beta of 0.90.

Cerillion (LON:CER - Get Free Report) last posted its quarterly earnings data on Monday, May 19th. The company reported GBX 23.90 ($0.32) EPS for the quarter. Cerillion had a return on equity of 30.92% and a net margin of 34.15%. Sell-side analysts expect 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.