Celtic (LON:CCP) Issues Earnings Results

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

Celtic Price Performance

Shares of Celtic stock opened at GBX 179.10 ($2.21) on Tuesday. The company has a current ratio of 1.46, a quick ratio of 0.86 and a debt-to-equity ratio of 4.32. The stock has a market capitalization of £169.84 million, a price-to-earnings ratio of 716.40 and a beta of 0.36. Celtic has a 1-year low of GBX 120 ($1.48) and a 1-year high of GBX 210 ($2.60). The firm’s 50-day moving average price is GBX 167.96 and its two-hundred day moving average price is GBX 172.20.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group reissued a “buy” rating and issued a GBX 208 ($2.57) target price on shares of Celtic in a research note 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.