Celebrus Technologies (LON:CLBS) Trading Up 0.2% – Should You Buy?

Celebrus Technologies plc (LON:CLBS) shares were up 0.2% during trading on Thursday . The company traded as high as GBX 290 ($3.88) and last traded at GBX 285.43 ($3.82). Approximately 230,922 shares changed hands during mid-day trading, an increase of 138% from the average daily volume of 96,917 shares. The stock had previously closed at GBX 285 ($3.81).

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on CLBS shares. Shore Capital restated a “not rated” rating on shares of Celebrus Technologies in a research report on Tuesday, July 9th. Canaccord Genuity Group restated a “buy” rating and set a GBX 330 ($4.41) target price on shares of Celebrus Technologies in a report on Tuesday, July 9th.

Celebrus Technologies Price Performance

The firm has a market cap of £112.57 million, a P/E ratio of 2,854.28 and a beta of 1.34. The firm’s 50 day moving average is GBX 278.39 and its 200 day moving average is GBX 239.43.

Celebrus Technologies Increases Dividend

The business also recently declared a dividend, which was paid on Friday, August 16th. Stockholders of record on Thursday, July 18th were given a GBX 2.23 ($0.03) dividend. This is a boost from Celebrus Technologies’s previous dividend of $0.92. This represents a dividend yield of 0.89%. The ex-dividend date was Thursday, July 18th. Celebrus Technologies’s payout ratio is currently 3,000.00%.

About Celebrus Technologies

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.