Insider Buying: Centrica (LON:CNA) Insider Buys £100,640 in Stock

Centrica plc (LON:CNA) insider Kevin O’Byrne acquired 68,000 shares of the business’s stock in a transaction on Monday, September 21st. The shares were purchased at an average price of GBX 148 per share, with a total value of £100,640.

Centrica Price Performance

Shares of Centrica stock opened at GBX 148.75 on Thursday. The stock has a market capitalization of £6.74 billion, a P/E ratio of 9.85, a PEG ratio of 0.45 and a beta of 0.32. The business has a 50 day simple moving average of GBX 155.62 and a two-hundred day simple moving average of GBX 181.30. Centrica plc has a 12 month low of GBX 145.80 and a 12 month high of GBX 220.30. The company has a debt-to-equity ratio of 80.68, a current ratio of 1.43 and a quick ratio of 0.40.

Centrica (LON:CNA) last issued its quarterly earnings results on Thursday, July 23rd. The integrated energy company reported GBX 6.80 earnings per share (EPS) for the quarter. Centrica had a return on equity of 21.92% and a net margin of 3.64%.

Wall Street Analyst Weigh In

Separately, Berenberg Bank dropped their target price on shares of Centrica from GBX 230 to GBX 200 and set a “buy” rating for the company in a report on Monday, July 27th. Five equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 216.33.

About Centrica

Centrica is energising a greener, fairer future for our colleagues, customers and communities. Our integrated business operates across the energy value chain, with over ten million Retail customers, leading brands such as British Gas and Bord Gáis Energy, and the UK’s largest energy services workforce. Our Infrastructure businesses bring gas and electricity to the market every day and provide more than half of the UK’s gas storage capacity, while our Optimisation business delivers world-class procurement and route-to-market capabilities to the Group and third parties, supporting energy security and our customers’ decarbonisation journeys.