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

Cerillion Plc (LON:CER)’s stock price crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 1,822.68 ($22.64) and traded as low as GBX 1,720 ($21.37). Cerillion shares last traded at GBX 1,755 ($21.80), with a volume of 8,646 shares traded.

Cerillion Trading Up 0.3 %

The firm has a market cap of £518.43 million, a P/E ratio of 3,656.25 and a beta of 0.90. The company has a 50 day moving average of GBX 1,822.68 and a 200 day moving average of GBX 1,781.29. The company has a debt-to-equity ratio of 6.39, a quick ratio of 2.75 and a current ratio of 3.11.

Cerillion Increases Dividend

The firm also recently declared a dividend, which will be paid on Thursday, February 20th. Stockholders of record on Thursday, January 16th will be issued a dividend of GBX 9.20 ($0.11) per share. The ex-dividend date is Thursday, January 16th. This is a positive change from Cerillion’s previous dividend of $4.00. This represents a dividend yield of 0.49%. Cerillion’s payout ratio is 2,500.00%.

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.