tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Celebrus Technologies Enhances Strategic Financial Management with Share Buyback

Story Highlights
Celebrus Technologies Enhances Strategic Financial Management with Share Buyback

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.

Celebrus Technologies ( (GB:CLBS) ) has issued an announcement.

Celebrus Technologies plc announced the purchase of 25,258 of its own ordinary shares at a price of 171.00 pence each, which will be held in treasury. This transaction adjusts the company’s total voting rights to 39,341,148, impacting shareholder calculations under FCA’s rules. The move reflects the company’s strategic financial management and may influence shareholder engagement and market perception.

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 is a company dedicated to enhancing brand-consumer relationships through improved data utilization. It serves industries such as financial services, retail, travel, healthcare, and telecommunications across more than 27 countries. Celebrus Technologies offers a flagship first-party data product suite that captures, contextualizes, and activates user-based behavioral data in real-time across digital channels. The company also provides solutions for fraud prevention and operates an enterprise platform, Celebrus Cloud, to optimize the use of its software. Celebrus is compliant with major data privacy regulations and holds ISO27001 accreditation, with offices in the UK, USA, and India.

Average Trading Volume: 103,134

Technical Sentiment Signal: Sell

Current Market Cap: £67.59M

For an in-depth examination of CLBS stock, go to TipRanks’ Overview 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