Cerillion (LON:CER) Shares Up 6.1% – Still a Buy?

Cerillion Plc (LON:CER)’s share price rose 6.1% during trading on Tuesday . The stock traded as high as GBX 2,125 and last traded at GBX 1,220. Approximately 238,351 shares traded hands during trading, an increase of 62% from the average daily volume of 147,047 shares. The stock had previously closed at GBX 1,150.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 2,250 price objective on shares of Cerillion in a research report on Friday, January 9th. Four investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of GBX 2,098.75.

Cerillion Price Performance

The company has a debt-to-equity ratio of 5.55, a quick ratio of 2.75 and a current ratio of 4.45. The business’s fifty day simple moving average is GBX 1,449.82 and its 200 day simple moving average is GBX 1,411.01. The stock has a market cap of £381.95 million, a price-to-earnings ratio of 23.01 and a beta of 0.41.

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. It offers customers a range of pre-integrated modules, which may be taken selectively for particular functions or together for a complete solution.