Celebrus Technologies (LON:CLBS) Sets New 12-Month High – Here’s What Happened

Celebrus Technologies plc (LON:CLBS)’s share price hit a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 316 ($4.00) and last traded at GBX 316 ($4.00), with a volume of 32824 shares traded. The stock had previously closed at GBX 300 ($3.80).

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group restated a “buy” rating and issued a GBX 330 ($4.18) price objective on shares of Celebrus Technologies in a research report on Friday, October 25th.

Celebrus Technologies Stock Up 0.2 %

The stock has a market cap of £119.60 million, a P/E ratio of 3,025.00 and a beta of 1.34. The firm’s fifty day moving average price is GBX 285.51 and its 200-day moving average price is GBX 250.07.

Insider Buying and Selling at Celebrus Technologies

In other news, insider Ashoni (Ash) Kumar Mehta sold 34,383 shares of the firm’s stock in a transaction on Monday, October 28th. The stock was sold at an average price of GBX 275 ($3.48), for a total transaction of £94,553.25 ($119,642.22). 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.