Cerillion (LON:CER) Sets New 52-Week High After Dividend Announcement

Cerillion Plc (LON:CER)’s share price reached a new 52-week high during trading on Monday after the company announced a dividend. The company traded as high as GBX 1,970 ($24.97) and last traded at GBX 1,926.75 ($24.42), with a volume of 29900 shares. The stock had previously closed at GBX 1,880 ($23.83).

The newly announced dividend which will be paid on Thursday, February 20th. Shareholders of record on Tuesday, December 24th will be issued a GBX 9.20 ($0.12) dividend. This represents a yield of 0.49%. This is a positive change from Cerillion’s previous dividend of $4.00. The ex-dividend date of this dividend is Tuesday, December 24th. Cerillion’s payout ratio is presently 2,500.00%.

Cerillion Trading Up 1.3 %

The company has a quick ratio of 2.75, a current ratio of 3.11 and a debt-to-equity ratio of 6.39. The business has a 50-day simple moving average of GBX 1,775.99 and a 200-day simple moving average of GBX 1,721.07. The company has a market cap of £562.74 million, a PE ratio of 4,004.17 and a beta of 0.90.

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.