Celebrus Technologies (LON:CLBS) Reaches New 52-Week High – Time to Buy?

Shares of Celebrus Technologies plc (LON:CLBS) reached a new 52-week high during trading on Monday . The company traded as high as GBX 316 ($3.98) and last traded at GBX 316 ($3.98), with a volume of 32824 shares. The stock had previously closed at GBX 300 ($3.78).

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group restated a “buy” rating and set a GBX 330 ($4.16) price objective on shares of Celebrus Technologies in a research report on Friday, October 25th.

Celebrus Technologies Trading Up 5.3 %

The stock has a market capitalization of £124.63 million, a PE ratio of 3,000.00 and a beta of 1.34. The business has a fifty day moving average price of GBX 284.28 and a 200-day moving average price of GBX 249.17.

Insider Buying and Selling at Celebrus Technologies

In other Celebrus Technologies news, insider Ashoni (Ash) Kumar Mehta sold 34,383 shares of the company’s stock in a transaction dated Monday, October 28th. The shares were sold at an average price of GBX 275 ($3.47), for a total transaction of £94,553.25 ($119,159.74). Company insiders own 15.45% of the company’s stock.

Celebrus Technologies Company Profile

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.