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

Celebrus Technologies plc (LON:CLBS) fell 3.9% on Monday . The company traded as low as GBX 200.30 ($2.60) and last traded at GBX 200.30 ($2.60). 54,038 shares changed hands during trading, a decline of 25% from the average session volume of 72,419 shares. The stock had previously closed at GBX 208.40 ($2.71).

Analysts Set New Price Targets

Several brokerages have recently commented on CLBS. Canaccord Genuity Group raised their target price on shares of Celebrus Technologies from GBX 330 ($4.29) to GBX 475 ($6.17) and gave the stock a “buy” rating in a report on Wednesday, December 4th. Canaccord Genuity Group increased their target price on Celebrus Technologies from GBX 330 ($4.29) to GBX 475 ($6.17) and gave the stock a “buy” rating in a report on Wednesday, December 4th.

Celebrus Technologies Stock Down 2.3 %

The firm has a market capitalization of £77.31 million, a P/E ratio of 19.16 and a beta of 1.34. The company’s 50 day moving average is GBX 223.96 and its 200-day moving average is GBX 262.59.

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.