Celtic (LON:CCP) Stock Price Down 0.6% – Here’s What Happened

Shares of Celtic plc (LON:CCP) were down 0.6% during mid-day trading on Thursday . The company traded as low as GBX 167 ($2.12) and last traded at GBX 167.50 ($2.12). Approximately 7,852 shares were traded during mid-day trading, a decline of 4% from the average daily volume of 8,160 shares. The stock had previously closed at GBX 168.50 ($2.14).

Analyst Ratings Changes

Separately, Canaccord Genuity Group upped their target price on shares of Celtic from GBX 190 ($2.41) to GBX 202 ($2.56) and gave the company a “buy” rating in a report on Tuesday, September 17th.

Celtic Price Performance

The company has a market cap of £158.84 million, a P/E ratio of 670.00 and a beta of 0.36. The company has a debt-to-equity ratio of 4.32, a quick ratio of 0.86 and a current ratio of 1.46. The firm’s fifty day moving average is GBX 161.92 and its two-hundred day moving average is GBX 169.12.

Celtic Company Profile

Celtic plc, through its subsidiary, Celtic F.C. Limited, operates a professional football club in the United Kingdom. The company operates through three segments: Football and Stadium Operations, Merchandising, and Multimedia and Other Commercial Activities. It is involved in the operation of a professional football club covering various activities, including football operations and investment; operation of the Celtic FC Youth Academy; match ticketing; merchandising; partner programs; marketing and brand protection; multimedia; stadium operations; facilities and property; catering and hospitality; public and supporter relations; and human resources.