Celebrus Technologies (LON:CLBS) Trading Up 3.6% – Here’s What Happened

Celebrus Technologies plc (LON:CLBS) shares were up 3.6% during trading on Friday . The stock traded as high as GBX 245 ($3.17) and last traded at GBX 245 ($3.17). Approximately 29,435 shares were traded during trading, a decline of 59% from the average daily volume of 71,848 shares. The stock had previously closed at GBX 236.50 ($3.06).

Wall Street Analysts Forecast Growth

Several analysts have recently commented on CLBS shares. Canaccord Genuity Group increased their price target on shares of Celebrus Technologies from GBX 330 ($4.26) to GBX 475 ($6.14) and gave the company a “buy” rating in a research note on Wednesday, December 4th. Canaccord Genuity Group increased their price target on shares of Celebrus Technologies from GBX 330 ($4.26) to GBX 475 ($6.14) and gave the company a “buy” rating in a research note on Wednesday, December 4th.

Celebrus Technologies Stock Up 3.6 %

The company’s fifty day moving average is GBX 239.85 and its two-hundred day moving average is GBX 270.83. The firm has a market capitalization of £97.38 million, a price-to-earnings ratio of 24.13 and a beta of 1.34.

About Celebrus Technologies

As a disruptive data technology platform, Celebrus is focused on improving the relationships between brands and consumers via better data. Celebrus redefines what digital identity verification means to power both next-level marketing and fraud prevention use cases. Deployed across 30+ countries throughout the financial services, healthcare, retail, travel, and telecommunications sectors, Celebrus automatically captures, contextualises, and activates consumer behavioral data in live-time across all digital channels.