Cerillion (LON:CER) Stock Crosses Below 50-Day Moving Average - Here's Why

Shares of Cerillion Plc (LON:CER - Get Free Report) crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 1,536.79 ($20.34) and traded as low as GBX 1,325 ($17.54). Cerillion shares last traded at GBX 1,325 ($17.54), with a volume of 111,256 shares changing hands.

Cerillion Stock Up 0.9 %

The company has a current ratio of 4.13, a quick ratio of 2.75 and a debt-to-equity ratio of 5.77. The stock has a 50 day simple moving average of GBX 1,513.73 and a 200 day simple moving average of GBX 1,668.60. The firm has a market capitalization of £396.34 million, a PE ratio of 28.17 and a beta of 0.90.

Cerillion Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, February 20th. Shareholders of record on Thursday, January 16th were given a dividend of GBX 9.20 ($0.12) per share. The ex-dividend date was Thursday, January 16th. This represents a yield of 0.49%. This is a boost from Cerillion's previous dividend of $4.00. Cerillion's dividend payout ratio is presently 25.30%.

Cerillion Company Profile

Established in 1999, Cerillion provides mission-critical software for billing, charging and customer relationship management mainly for telecommunications providers, but also for other sectors, including energy and utilities. Cerillion provides customers with a fully-integrated, functionally-rich product suite that provides a complete end-to-end solution.