Centrica (LON:CNA) Hits New 1-Year Low – Should You Sell?

Centrica plc (LON:CNA) reached a new 52-week low during trading on Tuesday . The company traded as low as GBX 146.20 and last traded at GBX 146.35, with a volume of 17552984 shares. The stock had previously closed at GBX 147.20.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reduced their price target on Centrica from GBX 230 to GBX 200 and set a “buy” rating for the company in a report on Monday, July 27th. Five 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.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of GBX 216.33.

Centrica Trading Up 0.3%

The firm’s 50 day moving average price is GBX 158.04 and its 200-day moving average price is GBX 182.92. The company has a debt-to-equity ratio of 80.68, a current ratio of 1.43 and a quick ratio of 0.40. The stock has a market cap of £6.92 billion, a P/E ratio of 10.12, a P/E/G ratio of 0.45 and a beta of 0.32.

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

Insiders Place Their Bets

In other Centrica news, insider Sue Whalley purchased 600 shares of the stock in a transaction dated Monday, July 27th. The shares were purchased at an average cost of GBX 162 per share, with a total value of £972. Also, insider Frank Mastiaux acquired 1,448 shares of the company’s stock in a transaction that occurred on Tuesday, August 25th. The shares were acquired at an average cost of GBX 155 per share, for a total transaction of £2,244.40. In the last three months, insiders acquired 5,200 shares of company stock valued at $846,247. Corporate insiders own 0.22% of the company’s stock.

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.