Centrica (LON:CNA) Stock Passes Above 200 Day Moving Average of $135.43

Shares of Centrica plc (LON:CNAGet Free Report) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 135.43 ($1.65) and traded as high as GBX 165.05 ($2.01). Centrica shares last traded at GBX 157.60 ($1.92), with a volume of 13,918,615 shares.

Analysts Set New Price Targets

Separately, Berenberg Bank increased their price objective on shares of Centrica from GBX 110 ($1.34) to GBX 140 ($1.70) and gave the company a “hold” rating in a research note on Wednesday, August 9th. One analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat, Centrica currently has an average rating of “Moderate Buy” and a consensus price target of GBX 138 ($1.68).

View Our Latest Research Report on Centrica

Centrica Stock Down 2.9 %

The firm’s 50-day simple moving average is GBX 157.99 and its two-hundred day simple moving average is GBX 135.43. The stock has a market cap of £8.62 billion, a price-to-earnings ratio of 215.89, a PEG ratio of 0.45 and a beta of 1.20. The company has a debt-to-equity ratio of 87.31, a quick ratio of 0.40 and a current ratio of 1.41.

Insider Activity

In related news, insider Amber Rudd purchased 1,169 shares of the business’s stock in a transaction dated Wednesday, October 25th. The shares were bought at an average price of GBX 157 ($1.91) per share, with a total value of £1,835.33 ($2,233.30). In the last ninety days, insiders bought 3,771 shares of company stock valued at $586,496. Company insiders own 0.11% of the company’s stock.

About Centrica

(Get Free Report)

Centrica plc operates as an integrated energy company in the United Kingdom, Ireland, Scandinavia, North America, and internationally. The company operates through British Gas Services & Solutions, British Gas Energy, Centrica Business Solutions, Bord Gáis Energy, Energy Marketing & Trading, and Upstream segments.

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