Cerillion (LON:CER) Shares Pass Below 50-Day Moving Average – Here’s Why

by · The Cerbat Gem

Cerillion Plc (LON:CER – Get Free Report) shares crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 1,589.90 ($20.68) and traded as low as GBX 1,440 ($18.73). Cerillion shares last traded at GBX 1,440 ($18.73), with a volume of 37,564 shares.

Cerillion Stock Up 2.1 %

The business has a 50 day simple moving average of GBX 1,584.62 and a 200-day simple moving average of GBX 1,723.85. The company has a debt-to-equity ratio of 5.77, a quick ratio of 2.75 and a current ratio of 4.13. The firm has a market capitalization of £435.93 million, a price-to-earnings ratio of 30.99 and a beta of 0.90.

Cerillion Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, February 20th. Shareholders of record on Thursday, January 16th were issued a GBX 9.20 ($0.12) dividend. This represents a yield of 0.49%. This is a positive change from Cerillion’s previous dividend of $4.00. The ex-dividend date of this dividend was Thursday, January 16th. Cerillion’s payout ratio is presently 25.30%.

About Cerillion

(Get Free Report)

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.

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