Celebrus Technologies (LON:CLBS) Trading Up 1.7% - Time to Buy?

Celebrus Technologies plc (LON:CLBS - Get Free Report) shares shot up 1.7% during mid-day trading on Wednesday . The company traded as high as GBX 245 ($3.03) and last traded at GBX 244 ($3.01). 78,228 shares changed hands during trading, a decline of 7% from the average session volume of 83,971 shares. The stock had previously closed at GBX 240 ($2.96).

Analyst Upgrades and Downgrades

Several analysts have issued reports on CLBS shares. Canaccord Genuity Group increased their price objective on shares of Celebrus Technologies from GBX 330 ($4.08) to GBX 475 ($5.87) and gave the company a "buy" rating in a research report on Wednesday, December 4th. Canaccord Genuity Group increased their price objective on shares of Celebrus Technologies from GBX 330 ($4.08) to GBX 475 ($5.87) and gave the company a "buy" rating in a research report on Wednesday, December 4th.

Celebrus Technologies Stock Down 0.7 %

The company has a market capitalization of £94.95 million, a P/E ratio of 2,407.50 and a beta of 1.34. The business has a 50 day simple moving average of GBX 278.47 and a 200-day simple moving average of GBX 269.46.

Celebrus Technologies Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, January 17th. Stockholders of record on Thursday, December 12th were issued a dividend of GBX 0.95 ($0.01) per share. This represents a dividend yield of 0.31%. The ex-dividend date of this dividend was Thursday, December 12th. Celebrus Technologies's dividend payout ratio (DPR) is 3,000.00%.

Insider Activity

In related 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 ($3.40), for a total transaction of £94,553.25 ($116,790.08). Corporate insiders own 15.45% of the company's stock.

Celebrus Technologies Company Profile

As a disruptive data technology platform, Celebrus is focused on improving the relationships between brands and consumers via better data. Celebrus redefines what digital identity verification means to power both next-level marketing and fraud prevention use cases. Deployed across 30+ countries throughout the financial services, healthcare, retail, travel, and telecommunications sectors, Celebrus automatically captures, contextualises, and activates consumer behavioral data in live-time across all digital channels.