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Celtic (LON:CCP) Shares Pass Below Two Hundred Day Moving Average - What's Next?

Celtic logo with Communication Services background

Celtic plc (LON:CCP - Get Free Report) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 163.88 ($2.13) and traded as low as GBX 152.50 ($1.99). Celtic shares last traded at GBX 158.50 ($2.06), with a volume of 6,176 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group raised their price objective on shares of Celtic from GBX 190 ($2.47) to GBX 202 ($2.63) and gave the stock a "buy" rating in a report on Tuesday, September 17th.

Check Out Our Latest Analysis on Celtic

Celtic Stock Up 3.9 %

The firm has a market capitalization of £150.31 million, a PE ratio of 634.00 and a beta of 0.36. The stock has a 50 day simple moving average of GBX 169.62 and a 200 day simple moving average of GBX 164.09. The company has a current ratio of 1.46, a quick ratio of 0.86 and a debt-to-equity ratio of 4.32.

About Celtic

(Get Free Report)

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.

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