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The latest announcement is out from Cerillion ( (GB:CER) ).
Cerillion has announced that employees have exercised options over 5,326 ordinary shares under the company’s Save-As-You-Earn option plan, with the shares being issued from treasury stock. Following this transaction, the total number of voting shares stands at 29,534,848, a figure that investors should now use when assessing disclosure thresholds under UK transparency rules, and the company confirmed that all securities available under the relevant block listing for the SAYE scheme have now been allotted.
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 primarily the telecommunications sector and also utilities and financial services. With around 70 customer installations across about 45 countries, the company operates development and delivery centres in India and Bulgaria and maintains a sales presence in Continental Europe, the USA, Singapore and Australia. Cerillion originated from Logica plc before a management buyout in 1999 and has been listed on AIM since March 2016.
Average Trading Volume: 117,011
Technical Sentiment Signal: Strong Buy
Current Market Cap: £497.6M
For detailed information about CER stock, go to TipRanks’ Stock Analysis page.