Celebrus Technologies (LON:CLBS) Stock Price Down 3.9% – Time to Sell?

Celebrus Technologies plc (LON:CLBS) traded down 3.9% on Monday . The stock traded as low as GBX 200.30 ($2.59) and last traded at GBX 200.30 ($2.59). 54,038 shares were traded during trading, a decline of 25% from the average session volume of 72,419 shares. The stock had previously closed at GBX 208.40 ($2.69).

Analysts Set New Price Targets

CLBS has been the subject of a number of recent analyst reports. Canaccord Genuity Group raised their price target on Celebrus Technologies from GBX 330 ($4.26) to GBX 475 ($6.14) and gave the company a “buy” rating in a report on Wednesday, December 4th. Canaccord Genuity Group raised their target price on Celebrus Technologies from GBX 330 ($4.26) to GBX 475 ($6.14) and gave the company a “buy” rating in a research note on Wednesday, December 4th.

Celebrus Technologies Stock Down 3.9 %

The business’s fifty day moving average is GBX 225.84 and its two-hundred day moving average is GBX 263.83. The firm has a market cap of £79.61 million, a price-to-earnings ratio of 19.73 and a beta of 1.34.

About Celebrus Technologies

As a disruptive data technology platform, Celebrus is focused on improving the relationships between brands and consumers via better data. Celebrus redefines what digital identity verification means to power both next-level marketing and fraud prevention use cases. Deployed across 30+ countries throughout the financial services, healthcare, retail, travel, and telecommunications sectors, Celebrus automatically captures, contextualises, and activates consumer behavioral data in live-time across all digital channels.