Celebrus Technologies (LON:CLBS) Sets New 12-Month High After Dividend Announcement

Celebrus Technologies plc (LON:CLBSGet Free Report)’s stock price hit a new 52-week high during mid-day trading on Wednesday after the company announced a dividend. The company traded as high as GBX 305 ($3.88) and last traded at GBX 298.20 ($3.79), with a volume of 43976 shares changing hands. The stock had previously closed at GBX 301 ($3.82).

The newly announced dividend which will be paid on Friday, January 17th. Stockholders of record on Thursday, December 12th will be paid a GBX 0.95 ($0.01) dividend. The ex-dividend date is Thursday, December 12th. This represents a dividend yield of 0.31%. Celebrus Technologies’s payout ratio is 3,000.00%.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group boosted their price objective on shares of Celebrus Technologies from GBX 330 ($4.19) to GBX 475 ($6.04) and gave the company a “buy” rating in a research note on Wednesday.

View Our Latest Stock Analysis on CLBS

Celebrus Technologies Stock Performance

The stock has a market capitalization of £118.71 million, a P/E ratio of 3,010.00 and a beta of 1.34. The stock’s fifty day moving average price is GBX 289.47 and its two-hundred day moving average price is GBX 255.58.

Insider Activity at Celebrus Technologies

In related news, insider Ashoni (Ash) Kumar Mehta sold 34,383 shares of the company’s stock in a transaction on Monday, October 28th. The shares were sold at an average price of GBX 275 ($3.49), for a total transaction of £94,553.25 ($120,143.90). 15.45% of the stock is currently owned by company insiders.

About Celebrus Technologies

(Get Free Report)

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.

Featured Stories

Receive News & Ratings for Celebrus Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Celebrus Technologies and related companies with MarketBeat.com's FREE daily email newsletter.