Celtic (LON:CCP) Issues Quarterly Earnings Results

Celtic (LON:CCP) announced its earnings results on Tuesday. The company reported GBX 34.70 ($0.43) EPS for the quarter, Digital Look Earnings reports. Celtic had a net margin of 10.74% and a return on equity of 11.65%.

Celtic Stock Down 4.1 %

CCP stock traded down GBX 7 ($0.09) on Thursday, hitting GBX 165.50 ($2.06). 10,994 shares of the company’s stock were exchanged, compared to its average volume of 7,831. The firm has a 50 day moving average price of GBX 168.46 and a two-hundred day moving average price of GBX 172.29. Celtic has a 12-month low of GBX 120 ($1.49) and a 12-month high of GBX 210 ($2.61). The stock has a market cap of £156.94 million, a P/E ratio of 662.00 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.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 208 ($2.59) price objective on shares of Celtic in a research report on Tuesday.

About Celtic

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.