Insider Buying: Centrica (LON:CNA) Insider Buys £148.47 in Stock

Centrica plc (LON:CNA) insider Russell O’Brien acquired 101 shares of the business’s stock in a transaction on Monday, October 12th. The shares were bought at an average price of GBX 147 per share, with a total value of £148.47.

Russell O’Brien also recently made the following trade(s):

• On Monday, September 21st, Russell O’Brien bought 67,394 shares of Centrica stock. The stock was purchased at an average cost of GBX 148 per share, for a total transaction of £99,743.12.
• On Thursday, September 10th, Russell O’Brien bought 99 shares of Centrica stock. The stock was purchased at an average cost of GBX 152 per share, for a total transaction of £150.48.
• On Monday, August 10th, Russell O’Brien bought 98 shares of Centrica stock. The shares were purchased at an average price of GBX 154 per share, for a total transaction of £150.92.

Centrica Stock Performance

LON:CNA traded down GBX 0.85 during mid-day trading on Wednesday, hitting GBX 149.35. 8,443,841 shares of the stock were exchanged, compared to its average volume of 32,927,566. The stock has a market capitalization of £6.76 billion, a price-to-earnings ratio of 9.89, a price-to-earnings-growth ratio of 0.45 and a beta of 0.32. The firm’s 50-day simple moving average is GBX 151.41 and its 200 day simple moving average is GBX 175.85. The company has a debt-to-equity ratio of 80.68, a quick ratio of 0.40 and a current ratio of 1.43. Centrica plc has a fifty-two week low of GBX 144 and a fifty-two week high of GBX 220.30.

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

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank cut their price target 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 investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, 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.