Cerillion (LON:CER) Stock Price Down 0.5% – Should You Sell?

Cerillion Plc (LON:CER)’s share price dropped 0.5% during trading on Monday . The company traded as low as GBX 1,790 ($22.82) and last traded at GBX 1,850 ($23.58). Approximately 49,455 shares traded hands during trading, an increase of 0% from the average daily volume of 49,367 shares. The stock had previously closed at GBX 1,860 ($23.71).

Cerillion Stock Performance

The stock has a 50-day moving average price of GBX 1,794.04 and a 200 day moving average price of GBX 1,752.24. The company has a quick ratio of 2.75, a current ratio of 3.11 and a debt-to-equity ratio of 6.39. The firm has a market capitalization of £546.49 million, a price-to-earnings ratio of 3,854.17 and a beta of 0.90.

Cerillion Increases Dividend

The company also recently declared a dividend, which will be paid on Thursday, February 20th. Shareholders of record on Thursday, January 16th will be issued a dividend of GBX 9.20 ($0.12) per share. This represents a yield of 0.49%. The ex-dividend date is Thursday, January 16th. This is a boost from Cerillion’s previous dividend of $4.00. 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.