Centrica (LON:CNA) Insider Acquires £52,260 in Stock

Centrica plc (LON:CNA) insider Alessandra Pasini acquired 26,000 shares of Centrica stock in a transaction dated Friday, May 8th. The shares were bought at an average price of GBX 201 per share, for a total transaction of £52,260.

Centrica Price Performance

Shares of LON:CNA traded up GBX 0.70 during midday trading on Tuesday, reaching GBX 202.70. 39,904,809 shares of the company were exchanged, compared to its average volume of 38,248,063. The company has a current ratio of 1.45, a quick ratio of 0.40 and a debt-to-equity ratio of 98.77. The business’s fifty day moving average is GBX 206.14 and its two-hundred day moving average is GBX 187.68. Centrica plc has a one year low of GBX 144.30 and a one year high of GBX 220.30. The stock has a market cap of £9.18 billion, a PE ratio of -135.13, a price-to-earnings-growth ratio of 0.45 and a beta of 0.36.

Centrica (LON:CNA) last posted its earnings results on Friday, February 20th. The integrated energy company reported GBX 11.20 earnings per share for the quarter. Centrica had a net margin of 0.37% and a return on equity of 1.68%.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the company. Jefferies Financial Group reiterated a “hold” rating and issued a GBX 210 target price on shares of Centrica in a research report on Friday. Royal Bank Of Canada restated an “outperform” rating and set a GBX 225 price target on shares of Centrica in a report on Monday. Finally, Citigroup upped their price objective on Centrica from GBX 200 to GBX 218 and gave the stock a “buy” rating in a report on Wednesday, March 11th. Four investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 205.33.

Centrica Company Profile

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.