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Cerillion ( (GB:CER) ) has shared an update.
Cerillion plc has issued 14,230 new ordinary shares following the exercise of options by employees and several senior managers under its Save-As-You-Earn scheme, with Product Director Brian Coombs, Account Development Director Amit McCann, Chief Operating Officer Mark Nicholls and Marketing Director Andrew Smith among the participants. As a result of these option exercises, the company’s total shares in issue now stand at 29,529,522, of which 17,036 are held in treasury, a change that slightly alters the denominator used by shareholders for calculating notifiable interests under UK disclosure and transparency rules.
The most recent analyst rating on (GB:CER) stock is a Buy with a £1881.00 price target. To see the full list of analyst forecasts on Cerillion stock, see the GB:CER Stock Forecast page.
Spark’s Take on GB:CER Stock
According to Spark, TipRanks’ AI Analyst, GB:CER is a Outperform.
The score is primarily supported by strong financial performance (high margins, low leverage, and solid cash generation). Offsetting this, technicals look overheated (very high RSI/Stoch and price well above moving averages), and valuation is on the expensive side (P/E ~28.95 with a sub-1% yield).
To see Spark’s full report on GB:CER stock, click here.
More about Cerillion
Cerillion plc is a London-headquartered provider of mission-critical billing, charging and customer relationship management software, serving mainly the telecommunications sector as well as utilities and financial services. With around 70 customer installations across approximately 45 countries and operations in India and Bulgaria plus a sales presence in Continental Europe, the USA, Singapore and Australia, the company traces its origins to a 1999 management buyout from Logica and has been listed on AIM since 2016.
Average Trading Volume: 105,438
Technical Sentiment Signal: Strong Buy
Current Market Cap: £501.8M
Find detailed analytics on CER stock on TipRanks’ Stock Analysis page.