Celebrus Technologies (LON:CLBS) Given New GBX 475 Price Target at Canaccord Genuity Group

Celebrus Technologies (LON:CLBS) had its price target lifted by Canaccord Genuity Group from GBX 330 ($4.19) to GBX 475 ($6.04) in a research note released on Wednesday, MarketBeat.com reports. They currently have a buy rating on the stock.

Celebrus Technologies Stock Performance

Shares of LON CLBS opened at GBX 301 ($3.82) on Wednesday. The stock has a market cap of £118.71 million, a PE ratio of 3,010.00 and a beta of 1.34. Celebrus Technologies has a fifty-two week low of GBX 176.50 ($2.24) and a fifty-two week high of GBX 316 ($4.02). The stock has a fifty day moving average of GBX 289.47 and a 200-day moving average of GBX 255.58.

Celebrus Technologies Cuts Dividend

The company also recently declared a dividend, which will be paid on Friday, January 17th. Shareholders of record on Thursday, December 12th will be paid a dividend of GBX 0.95 ($0.01) per share. This represents a yield of 0.31%. The ex-dividend date of this dividend is Thursday, December 12th. Celebrus Technologies’s dividend payout ratio (DPR) is currently 3,000.00%.

Insiders Place Their Bets

In other news, insider Ashoni (Ash) Kumar Mehta sold 34,383 shares of the business’s stock in a transaction dated Monday, October 28th. The stock was sold at an average price of GBX 275 ($3.49), for a total value of £94,553.25 ($120,143.90). Corporate insiders own 15.45% of the company’s stock.

Celebrus Technologies Company Profile

Celebrus Technologies plc, together with its subsidiaries, provides information technology products and services. It offers Celebrus, a suite of data-driven solutions for data capture, fraud and scams, and data management solutions. The company provides services that are focused on delivering data management solutions using public and private cloud infrastructure; and fraud detection and prevention services through fraud data platform.