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The latest update is out from Celebrus Technologies ( (GB:CLBS) ).
Celebrus Technologies plc announced the purchase of 15,903 of its own ordinary shares at an average price of 167.86 pence per share, which will be held in treasury. This transaction adjusts the total voting rights to 39,560,400, impacting shareholder calculations under FCA’s rules. The move reflects the company’s ongoing strategy to manage its share capital effectively.
The most recent analyst rating on (GB:CLBS) stock is a Buy with a £290.00 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’ overall score is driven by its solid valuation and strategic corporate actions, such as share buybacks and securing key contracts. However, financial performance is hindered by revenue decline and negative cash flow trends, which are significant risks. Technical indicators show mixed momentum, contributing to a moderate overall score.
To see Spark’s full report on GB:CLBS stock, click here.
More about Celebrus Technologies
Celebrus Technologies plc operates in the data technology industry, providing solutions that enhance consumer relationships through better data. The company supports sectors such as financial services, retail, travel, healthcare, and telecommunications across over 27 countries. Celebrus Technologies’ flagship product suite captures, contextualizes, and activates user-based behavioral data in real-time, aiding in fraud prevention and compliance with data privacy regulations. The company has a global presence with offices in the UK, USA, and India.
Average Trading Volume: 96,828
Technical Sentiment Signal: Sell
Current Market Cap: £66.49M
For an in-depth examination of CLBS stock, go to TipRanks’ Overview page.