Insider Buying: Centrica (LON:CNA) Insider Buys 349 Shares

Centrica plc (LON:CNA) insider Chris O’Shea acquired 349 shares of Centrica stock in a transaction on Tuesday, September 22nd. The shares were bought at an average price of GBX 150 per share, with a total value of £523.50.

Centrica Stock Performance

CNA traded down GBX 1.65 on Wednesday, reaching GBX 148.75. The stock had a trading volume of 790,711,000 shares, compared to its average volume of 38,689,199. The business’s 50-day moving average price is GBX 156.16 and its two-hundred day moving average price is GBX 181.63. The company has a current ratio of 1.43, a quick ratio of 0.40 and a debt-to-equity ratio of 80.68. Centrica plc has a 12-month low of GBX 145.80 and a 12-month high of GBX 220.30. The company has a market cap of £6.74 billion, a P/E ratio of 9.85, a price-to-earnings-growth ratio of 0.45 and a beta of 0.32.

Centrica (LON:CNA) last released 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 net margin of 3.64% and a return on equity of 21.92%.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank decreased their target price on Centrica from GBX 230 to GBX 200 and set a “buy” rating on the stock in a research note on Monday, July 27th. Five investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of GBX 216.33.

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.