Celebrus Technologies (LON:CLBS) Trading Down 3.2% – Here’s What Happened

Celebrus Technologies plc (LON:CLBSGet Free Report) shares dropped 3.2% during trading on Tuesday . The stock traded as low as GBX 89.20 and last traded at GBX 92. Approximately 85,870 shares traded hands during mid-day trading, a decline of 64% from the average daily volume of 239,725 shares. The stock had previously closed at GBX 95.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group lowered their price objective on shares of Celebrus Technologies from GBX 280 to GBX 150 and set a “buy” rating for the company in a report on Monday, April 27th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of GBX 150.

Read Our Latest Report on Celebrus Technologies

Celebrus Technologies Stock Down 3.2%

The company’s fifty day simple moving average is GBX 89.73 and its 200 day simple moving average is GBX 116.58. The firm has a market capitalization of £35.14 million, a PE ratio of 9.69 and a beta of 0.80.

Celebrus Technologies Company Profile

(Get Free Report)

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.

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