Celtic (LON:CCP) Shares Cross Above 50 Day Moving Average - Should You Sell?

Shares of Celtic plc (LON:CCP - Get Free Report) crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 167.96 ($2.11) and traded as high as GBX 178.80 ($2.25). Celtic shares last traded at GBX 160 ($2.01), with a volume of 5,063 shares traded.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group reiterated a "buy" rating and set a GBX 208 ($2.62) price objective on shares of Celtic in a research report on Tuesday.

Celtic Stock Up 2.7 %

The company has a debt-to-equity ratio of 0.92, a quick ratio of 0.86 and a current ratio of 1.46. The stock has a market capitalization of £156.96 million, a P/E ratio of 12.40 and a beta of 0.36. The stock's fifty day simple moving average is GBX 168.79 and its two-hundred day simple moving average is GBX 172.36.

Celtic (LON:CCP - Get Free Report) last posted its earnings results on Tuesday, February 11th. The company reported GBX 34.70 ($0.44) earnings per share for the quarter. Celtic had a net margin of 17.19% and a return on equity of 14.28%. As a group, research analysts expect that Celtic plc will post 10.6918239 EPS for the current fiscal year.

Celtic Company Profile

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.