Cerillion (LON:CER) Stock Price Crosses Below 200-Day Moving Average – Here’s What Happened

Shares of Cerillion Plc (LON:CER) passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 1,775.66 ($22.10) and traded as low as GBX 1,680 ($20.91). Cerillion shares last traded at GBX 1,700 ($21.16), with a volume of 85,200 shares changing hands.

Cerillion Trading Down 0.6 %

The firm has a market cap of £498.93 million, a price-to-earnings ratio of 3,518.75 and a beta of 0.90. The company has a debt-to-equity ratio of 6.39, a current ratio of 3.11 and a quick ratio of 2.75. The firm’s fifty day moving average is GBX 1,714.22 and its 200-day moving average is GBX 1,775.66.

Cerillion (LON:CER) last announced its quarterly earnings data on Monday, November 18th. The company reported GBX 52.20 ($0.65) earnings per share for the quarter. Cerillion had a net margin of 34.15% and a return on equity of 37.90%. Equities analysts anticipate that Cerillion Plc will post 53.0708661 earnings per share for the current year.

Cerillion Increases Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, February 20th. Stockholders of record on Thursday, January 16th will be issued a dividend of GBX 9.20 ($0.11) per share. The ex-dividend date of this dividend is Thursday, January 16th. This represents a dividend yield of 0.49%. This is a positive change from Cerillion’s previous dividend of $4.00. Cerillion’s dividend payout ratio is currently 2,500.00%.

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.