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Celebrus Technologies ( (GB:CLBS) ) has issued an update.
Celebrus Technologies plc announced the purchase of 47,099 of its own ordinary shares at a price of 172.00 pence each, which will be held in treasury. This transaction affects the company’s total voting rights, now standing at 39,366,406, which shareholders can use to assess their interests under the FCA’s rules. This move may indicate a strategic effort to consolidate ownership and potentially enhance shareholder value.
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, is dedicated to enhancing brand-consumer relationships through superior data management. The company serves sectors including financial services, retail, travel, healthcare, and telecommunications across more than 27 countries. Celebrus offers a first-party data product suite that captures, contextualizes, and activates user-based behavioral data in real-time, aiding in fraud prevention. The company operates in the UK, USA, and India, ensuring compliance with major data privacy regulations and holding ISO27001 accreditation.
Average Trading Volume: 108,952
Technical Sentiment Signal: Sell
Current Market Cap: £67.43M
Learn more about CLBS stock on TipRanks’ Stock Analysis page.