Celtic (LON:CCP) Trading Down 0.6% - Here's Why

Celtic plc (LON:CCP - Get Free Report) fell 0.6% on Thursday . The company traded as low as GBX 167 ($2.12) and last traded at GBX 167.50 ($2.12). 7,852 shares traded hands during mid-day trading, a decline of 4% from the average session volume of 8,160 shares. The stock had previously closed at GBX 168.50 ($2.14).

Analyst Ratings Changes

Separately, Canaccord Genuity Group lifted their target price on Celtic from GBX 190 ($2.41) to GBX 202 ($2.56) and gave the company a "buy" rating in a research report on Tuesday, September 17th.

Celtic Stock Performance

The firm's 50 day moving average is GBX 161.92 and its two-hundred day moving average is GBX 169.12. The stock has a market capitalization of £161.21 million, a PE ratio of 670.00 and a beta of 0.36. The company has a debt-to-equity ratio of 4.32, a quick ratio of 0.86 and a current ratio of 1.46.

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.