Cerillion (LON:CER) Stock Price Down 0.5% – Here’s Why

Cerillion Plc (LON:CER)’s stock price traded down 0.5% during mid-day trading on Monday . The company traded as low as GBX 1,790 ($22.82) and last traded at GBX 1,850 ($23.58). 49,455 shares were traded during trading, an increase of 0% from the average session volume of 49,367 shares. The stock had previously closed at GBX 1,860 ($23.71).

Cerillion Stock Performance

The firm’s fifty day moving average is GBX 1,794.04 and its 200-day moving average is GBX 1,752.24. The company has a current ratio of 3.11, a quick ratio of 2.75 and a debt-to-equity ratio of 6.39. The stock has a market capitalization of £546.49 million, a PE ratio of 3,854.17 and a beta of 0.90.

Cerillion Increases Dividend

The business also recently declared a dividend, which will be paid on Thursday, February 20th. Stockholders of record on Thursday, January 16th will be paid a GBX 9.20 ($0.12) dividend. This represents a dividend yield of 0.49%. This is an increase from Cerillion’s previous dividend of $4.00. The ex-dividend date of this dividend is Thursday, January 16th. Cerillion’s payout ratio is 2,500.00%.

About Cerillion

Cerillion Plc provides software for billing, charging, and customer relationship management (CRM) to the telecommunications sector in the United Kingdom, Europe, the Middle East, the Americas, and the Asia Pacific. It operates through three segments: Software, Services, and Third-Party. The company offers Cerillion Unify, a pre-packaged SaaS solution for quad-play CSPs; Cerillion Enterprise, a BSS/OSS solution for B2B telcos; Cerillion Engage, a streamlined BSS/OSS solution for digital brands; Cerillion Skyline, SaaS solution for subscription businesses; and Cerillion Metro BSS/OSS solution for smart cities.