tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Celebrus Technologies Acquires 35,000 Own Shares, Adjusts Voting Rights

Story Highlights
Celebrus Technologies Acquires 35,000 Own Shares, Adjusts Voting Rights

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

The latest update is out from Celebrus Technologies ( (GB:CLBS) ).

Celebrus Technologies announced the purchase of 35,000 of its own ordinary shares at a price of 168.21 pence each, which will be held in treasury. This transaction adjusts the company’s total voting rights to 39,435,308, impacting shareholder calculations under the FCA’s Disclosure Guidance and Transparency Rules.

The most recent analyst rating on (GB:CLBS) stock is a Hold with a £187.00 price target. To see the full list of analyst forecasts on Celebrus Technologies stock, see the GB:CLBS Stock Forecast page.

Spark’s Take on GB:CLBS Stock

According to Spark, TipRanks’ AI Analyst, GB:CLBS is a Neutral.

Celebrus Technologies receives a moderate score due to strong profitability and a solid balance sheet, balanced by concerns over declining revenue and negative cash flow trends. The stock’s technical indicators show positive momentum, and its valuation is attractive with a reasonable P/E ratio and dividend yield.

To see Spark’s full report on GB:CLBS stock, click here.

More about Celebrus Technologies

Celebrus Technologies plc, listed on AIM as CLBS, specializes in enhancing brand-consumer relationships through advanced data solutions. The company serves various sectors including financial services, retail, travel, healthcare, and telecommunications across over 27 countries. Celebrus Technologies offers a first-party data product suite that captures and activates user-based behavioral data in real-time, aiding in fraud prevention and informed decision-making. The company operates in the UK, USA, and India, ensuring compliance with major data privacy regulations and holding ISO27001 accreditation.

Average Trading Volume: 108,899

Technical Sentiment Signal: Sell

Current Market Cap: £67.69M

See more data about CLBS stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1