Celtic (LON:CCP) Stock Price Passes Below 200-Day Moving Average – Here’s Why

Celtic plc (LON:CCP)’s share price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 191.88 and traded as low as GBX 185. Celtic shares last traded at GBX 200, with a volume of 2,146 shares traded.

Celtic Trading Up 3.9%

The firm has a market capitalization of £190.18 million, a PE ratio of 23.84 and a beta of 0.36. The firm’s fifty day moving average is GBX 193.72 and its two-hundred day moving average is GBX 191.94. The company has a debt-to-equity ratio of 3.58, a current ratio of 1.62 and a quick ratio of 0.86.

Celtic (LON:CCP) last released its quarterly earnings results on Monday, February 16th. The company reported GBX 10.39 earnings per share for the quarter. Celtic had a net margin of 9.12% and a return on equity of 6.79%. On average, equities analysts predict that Celtic plc will post 10.6918239 EPS for the current fiscal year.

About Celtic

Celtic plc, through its subsidiary, Celtic F.C. Limited, operates a professional football club in the United Kingdom. The company operates through three segments: Football and Stadium Operations, Merchandising, and Multimedia and Other Commercial Activities. It is involved in the operation of a professional football club covering various activities, including football operations and investment; operation of the Celtic FC Youth Academy; match ticketing; merchandising; partner programs; marketing and brand protection; multimedia; stadium operations; facilities and property; catering and hospitality; public and supporter relations; and human resources.