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

Cerillion Plc (LON:CER - Get Free Report)'s share price crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 1,806.31 ($23.45) and traded as low as GBX 1,750 ($22.72). Cerillion shares last traded at GBX 1,855 ($24.08), with a volume of 34,872 shares traded.

Cerillion Trading Down 7.8 %

The stock has a market cap of £505.13 million, a P/E ratio of 3,562.50 and a beta of 0.90. The firm's 50 day simple moving average is GBX 1,802.61 and its two-hundred day simple moving average is GBX 1,685.84. The company has a quick ratio of 2.75, a current ratio of 3.11 and a debt-to-equity ratio of 6.39.

Cerillion Company Profile

Cerillion Plc provides software for billing, charging, and customer relationship management (CRM) to the telecommunications sector in the United Kingdom, Europe, the Middle East, the Americas, and the Asia Pacific. It operates through three segments: Software, Services, and Third-Party. The company offers Cerillion Unify, a pre-packaged SaaS solution for quad-play CSPs; Cerillion Enterprise, a BSS/OSS solution for B2B telcos; Cerillion Engage, a streamlined BSS/OSS solution for digital brands; Cerillion Skyline, SaaS solution for subscription businesses; and Cerillion Metro BSS/OSS solution for smart cities.