Celtic (LON:CCP) Releases Earnings Results

Celtic (LON:CCP) announced its earnings results on Tuesday. The company reported GBX 34.70 ($0.43) earnings per share (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 5.4 %

Shares of LON CCP opened at GBX 179.10 ($2.21) on Tuesday. The company’s 50 day simple moving average is GBX 167.96 and its 200 day simple moving average is GBX 172.20. Celtic has a fifty-two week low of GBX 120 ($1.48) and a fifty-two week high of GBX 210 ($2.60). The firm has a market capitalization of £169.84 million, a P/E ratio of 716.40 and a beta of 0.36. The company has a debt-to-equity ratio of 4.32, a current ratio of 1.46 and a quick ratio of 0.86.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group reiterated a “buy” rating and set a GBX 208 ($2.57) target price on shares of Celtic in a research report on Tuesday.

Celtic Company Profile

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.