Cerillion (LON:CER) Shares Cross Below 50-Day Moving Average – What’s Next?

Cerillion Plc (LON:CER)’s share price passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 1,822.68 ($22.64) and traded as low as GBX 1,720 ($21.37). Cerillion shares last traded at GBX 1,755 ($21.80), with a volume of 8,646 shares trading hands.

Cerillion Stock Performance

The company has a current ratio of 3.11, a quick ratio of 2.75 and a debt-to-equity ratio of 6.39. The firm has a market capitalization of £518.43 million, a price-to-earnings ratio of 3,656.25 and a beta of 0.90. The stock’s 50 day moving average price is GBX 1,822.68 and its two-hundred day moving average price is GBX 1,781.29.

Cerillion Increases Dividend

The business also recently declared a dividend, which will be paid on Thursday, February 20th. Stockholders of record on Thursday, January 16th will be issued a GBX 9.20 ($0.11) dividend. This represents a dividend yield of 0.49%. This is a boost from Cerillion’s previous dividend of $4.00. The ex-dividend date is Thursday, January 16th. Cerillion’s payout ratio is 2,500.00%.

Cerillion Company Profile

Cerillion Plc provides software for billing, charging, and customer relationship management (CRM) to the telecommunications sector in the United Kingdom, Europe, the Middle East, the Americas, and the Asia Pacific. It operates through three segments: Software, Services, and Third-Party. The company offers Cerillion Unify, a pre-packaged SaaS solution for quad-play CSPs; Cerillion Enterprise, a BSS/OSS solution for B2B telcos; Cerillion Engage, a streamlined BSS/OSS solution for digital brands; Cerillion Skyline, SaaS solution for subscription businesses; and Cerillion Metro BSS/OSS solution for smart cities.