Celtic (LON:CCP) Share Price Crosses Below 200 Day Moving Average - Should You Sell?

Shares of Celtic plc (LON:CCP - Get Free Report) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 167.46 ($2.17) and traded as low as GBX 160.60 ($2.08). Celtic shares last traded at GBX 163 ($2.11), with a volume of 2,950 shares traded.

Analyst Ratings Changes

Separately, Canaccord Genuity Group restated a "buy" rating and set a GBX 208 ($2.69) price target on shares of Celtic in a research note on Tuesday, February 11th.

Celtic Trading Down 0.8 %

The company has a current ratio of 1.46, a quick ratio of 0.86 and a debt-to-equity ratio of 0.92. The stock has a 50-day simple moving average of GBX 168.98 and a 200 day simple moving average of GBX 166.84. The company has a market cap of £141.88 million, a price-to-earnings ratio of 11.21 and a beta of 0.36.

Celtic (LON:CCP - Get Free Report) last released its earnings results on Tuesday, February 11th. The company reported GBX 34.70 ($0.45) EPS for the quarter. Celtic had a return on equity of 14.28% and a net margin of 17.19%. As a group, equities research analysts predict that Celtic plc will post 10.6918239 EPS for the current fiscal year.

About Celtic

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.