Cerillion (LON:CER) Releases Quarterly Earnings Results

Cerillion (LON:CER) announced its quarterly earnings results on Monday. The company reported GBX 14.10 earnings per share (EPS) for the quarter, Digital Look Earnings reports. The company had revenue of GBX 1,801 million for the quarter. Cerillion had a return on equity of 29.90% and a net margin of 36.64%.

Cerillion Price Performance

Shares of CER stock opened at GBX 1,350 on Monday. The business’s fifty day moving average is GBX 1,298.63 and its 200 day moving average is GBX 1,378.92. The company has a quick ratio of 2.75, a current ratio of 4.45 and a debt-to-equity ratio of 5.55. The stock has a market cap of £398.80 million, a price-to-earnings ratio of 24.02 and a beta of 0.50. Cerillion has a twelve month low of GBX 990 and a twelve month high of GBX 1,950.

Analyst Upgrades and Downgrades

Several brokerages have commented on CER. Berenberg Bank restated a “buy” rating and issued a GBX 2,015 price objective on shares of Cerillion in a report on Monday. Canaccord Genuity Group reiterated a “buy” rating and set a GBX 2,250 price target on shares of Cerillion in a research report on Wednesday, April 22nd. Four investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of GBX 2,071.25.

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