Cerillion (LON:CER) Receives New Coverage from Analysts at Liberum Capital
Liberum Capital assumed coverage on shares of Cerillion (LON:CER) in a research report report published on Friday, Stock Target Advisor reports. The firm issued a buy rating and a GBX 225 ($2.96) price target on the stock.
Separately, Shore Capital reiterated a house stock rating on shares of Cerillion in a research note on Monday, November 25th.
CER stock traded up GBX 4.50 ($0.06) during mid-day trading on Friday, reaching GBX 172.50 ($2.27). The company had a trading volume of 12,968 shares, compared to its average volume of 9,234. The company has a quick ratio of 1.73, a current ratio of 1.76 and a debt-to-equity ratio of 11.39. The stock has a market capitalization of $50.91 million and a P/E ratio of 22.12. Cerillion has a one year low of GBX 135 ($1.78) and a one year high of GBX 258.50 ($3.40). The stock’s 50-day simple moving average is GBX 210.14 and its two-hundred day simple moving average is GBX 203.59.
Cerillion plc provides software for billing, charging, and customer relationship management to the telecommunications, finance, and utilities sectors in the United Kingdom and internationally. The company operates through four segments: Services, Software, Software-as-a-Service, and 3rd Party. It offers Cerillion Enterprise BSS/OSS Suite, a pre-integrated end-to-end CRM and billing solution for mobile, fixed, cable, and multi-service communications providers; and Cerillion Skyline, a cloud billing SaaS application for the next generation of subscription and usage-based services.
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