Celebrus Technologies (LON:CLBS - Free Report) had its target price lifted by Canaccord Genuity Group from GBX 330 ($4.19) to GBX 475 ($6.04) in a research report sent to investors on Wednesday morning, Marketbeat reports. Canaccord Genuity Group currently has a buy rating on the stock.
Celebrus Technologies Trading Down 0.9 %
CLBS stock traded down GBX 2.80 ($0.04) during midday trading on Wednesday, reaching GBX 298.20 ($3.79). The stock had a trading volume of 51,476 shares, compared to its average volume of 94,025. The company's fifty day simple moving average is GBX 289.19 and its 200 day simple moving average is GBX 255.33. The company has a market cap of £117.61 million, a price-to-earnings ratio of 2,971.51 and a beta of 1.34. Celebrus Technologies has a 52-week low of GBX 176.50 ($2.24) and a 52-week high of GBX 316 ($4.02).
Celebrus Technologies Cuts Dividend
The firm also recently disclosed a dividend, which will be paid on Friday, January 17th. Investors of record on Thursday, December 12th will be given a dividend of GBX 0.95 ($0.01) per share. This represents a dividend yield of 0.31%. The ex-dividend date is Thursday, December 12th. Celebrus Technologies's payout ratio is 3,000.00%.
Insider Buying and Selling at Celebrus Technologies
In other news, insider Ashoni (Ash) Kumar Mehta sold 34,383 shares of Celebrus Technologies stock in a transaction dated Monday, October 28th. The stock was sold at an average price of GBX 275 ($3.49), for a total value of £94,553.25 ($120,143.90). 15.45% of the stock is currently owned by corporate insiders.
Celebrus Technologies Company Profile
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Celebrus Technologies plc, together with its subsidiaries, provides information technology products and services. It offers Celebrus, a suite of data-driven solutions for data capture, fraud and scams, and data management solutions. The company provides services that are focused on delivering data management solutions using public and private cloud infrastructure; and fraud detection and prevention services through fraud data platform.
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