Corero Network Security (LON:CNS) Stock Price Passes Below 200-Day Moving Average – What’s Next?

Corero Network Security plc (LON:CNS)’s share price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 11.45 and traded as low as GBX 8. Corero Network Security shares last traded at GBX 8.50, with a volume of 285,059 shares changing hands.

Corero Network Security Stock Up 9.1%

The company’s 50-day simple moving average is GBX 9.84 and its two-hundred day simple moving average is GBX 11.45. The firm has a market capitalization of £46.09 million, a P/E ratio of -90.00 and a beta of 0.46. The company has a debt-to-equity ratio of 2.47, a current ratio of 1.13 and a quick ratio of 1.20.

Corero Network Security Company Profile

Corero Network Security plc is a global leader in real-time, high-performance, automatic DDoS cyber defense solutions. Both Service and Hosting providers, alongside digital enterprises across the globe rely on Corero’s award winning cybersecurity technology to eliminate the threat of Distributed Denial of Service (DDoS) to their digital environment through automatic attack detection and mitigation, coupled with network visibility, analytics and reporting. Corero’s industry leading SmartWall and SecureWatch technology provides scalable protection capabilities against external DDoS attackers and internal DDoS botnets in the most complex edge and subscriber environments, while enabling a more cost-effective economic model than previously available.