Celtic (LON:CCP) Posts Earnings Results

Celtic (LON:CCP) announced its quarterly earnings results on Tuesday. The company reported GBX 34.70 ($0.43) EPS for the quarter, Digital Look Earnings reports. Celtic had a net margin of 10.74% and a return on equity of 11.65%.

Celtic Trading Up 1.6 %

CCP opened at GBX 177.75 ($2.21) on Wednesday. The firm’s fifty day moving average is GBX 168.21 and its two-hundred day moving average is GBX 172.25. The firm has a market cap of £168.56 million, a PE ratio of 711.00 and a beta of 0.36. Celtic has a twelve month low of GBX 120 ($1.49) and a twelve month high of GBX 210 ($2.61). The company has a debt-to-equity ratio of 4.32, a quick ratio of 0.86 and a current ratio of 1.46.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 208 ($2.59) price objective on shares of Celtic in a research note on Tuesday.

About Celtic

Celtic plc, through its subsidiary, Celtic F.C. Limited, operates a professional football club in the United Kingdom. The company operates through three segments: Football and Stadium Operations, Merchandising, and Multimedia and Other Commercial Activities. It is involved in the operation of a professional football club covering various activities, including football operations and investment; operation of the Celtic FC Youth Academy; match ticketing; merchandising; partner programs; marketing and brand protection; multimedia; stadium operations; facilities and property; catering and hospitality; public and supporter relations; and human resources.