Cerillion (LON:CER) Given “Speculative Buy” Rating at Canaccord Genuity Group

Canaccord Genuity Group restated their speculative buy rating on shares of Cerillion (LON:CER) in a report published on Monday, MarketBeat reports. They currently have a GBX 2,350 ($31.39) target price on the stock.

Cerillion Stock Performance

Shares of CER stock opened at GBX 1,720 ($22.97) on Monday. The firm has a market capitalization of £510.07 million, a P/E ratio of 36.26 and a beta of 0.90. The company’s fifty day moving average price is GBX 1,528.49 and its two-hundred day moving average price is GBX 1,648.13. The company has a debt-to-equity ratio of 5.77, a current ratio of 4.13 and a quick ratio of 2.75. Cerillion has a 12 month low of GBX 1,200 ($16.03) and a 12 month high of GBX 1,970 ($26.31).

Cerillion (LON:CER) 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, research analysts anticipate that Cerillion will post 53.0708661 earnings per share for the current fiscal year.

Cerillion Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, February 20th. Investors of record on Thursday, January 16th were given a GBX 9.20 ($0.12) dividend. This represents a dividend yield of 0.49%. The ex-dividend date was Thursday, January 16th. This is an increase from Cerillion’s previous dividend of $4.00. Cerillion’s dividend payout ratio is 25.30%.

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.