Celebrus Technologies (LON:CLBS) Trading Down 0.7%

Celebrus Technologies plc (LON:CLBS)’s stock price dropped 0.7% on Wednesday . The stock traded as low as GBX 275 ($3.60) and last traded at GBX 284 ($3.71). Approximately 28,149 shares changed hands during trading, a decline of 70% from the average daily volume of 94,192 shares. The stock had previously closed at GBX 286 ($3.74).

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on CLBS shares. Shore Capital reaffirmed a “not rated” rating on shares of Celebrus Technologies in a report on Tuesday, July 9th. Canaccord Genuity Group restated a “buy” rating and issued a GBX 330 ($4.32) target price on shares of Celebrus Technologies in a research note on Tuesday, July 9th.

Celebrus Technologies Price Performance

The stock has a fifty day moving average of GBX 264.66 and a 200 day moving average of GBX 231.61. The stock has a market cap of £111.22 million, a price-to-earnings ratio of 2,820.00 and a beta of 1.34.

Celebrus Technologies Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, August 16th. Stockholders of record on Thursday, July 18th were issued a GBX 2.23 ($0.03) dividend. This is an increase from Celebrus Technologies’s previous dividend of $0.92. This represents a dividend yield of 0.89%. The ex-dividend date was Thursday, July 18th. Celebrus Technologies’s dividend payout ratio is 3,000.00%.

About Celebrus Technologies

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.