Celebrus Technologies (LON:CLBS) Sets New 1-Year High – Here’s What Happened

Shares of Celebrus Technologies plc (LON:CLBS) reached a new 52-week high on Monday . The stock traded as high as GBX 308 ($3.96) and last traded at GBX 308 ($3.96), with a volume of 119984 shares trading hands. The stock had previously closed at GBX 285.20 ($3.67).

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group reissued a “buy” rating and issued a GBX 330 ($4.25) price objective on shares of Celebrus Technologies in a report on Friday, October 25th.

Celebrus Technologies Price Performance

The company has a 50 day moving average price of GBX 283.04 and a 200 day moving average price of GBX 247.50. The firm has a market cap of £122.26 million, a PE ratio of 3,090.00 and a beta of 1.34.

Insider Transactions at Celebrus Technologies

In other Celebrus Technologies news, insider Ashoni (Ash) Kumar Mehta sold 34,383 shares of the stock in a transaction on Monday, October 28th. The stock was sold at an average price of GBX 275 ($3.54), for a total value of £94,553.25 ($121,674.49). 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.