Centrica (LON:CNA) Insider Purchases 68,000 Shares of Stock

Centrica plc (LON:CNA) insider Kevin O’Byrne acquired 68,000 shares of the business’s stock in a transaction that occurred on Monday, September 21st. The shares were acquired at an average cost of GBX 148 per share, with a total value of £100,640.

Centrica Trading Up 1.9%

CNA stock traded up GBX 2.75 during mid-day trading on Monday, hitting GBX 149.80. 970,050,125 shares of the company were exchanged, compared to its average volume of 39,653,414. Centrica plc has a 12-month low of GBX 145.80 and a 12-month high of GBX 220.30. The firm has a market capitalization of £6.78 billion, a P/E ratio of 9.92, a PEG ratio of 0.45 and a beta of 0.32. The business has a fifty day simple moving average of GBX 157.17 and a 200-day simple moving average of GBX 182.24. The company has a quick ratio of 0.40, a current ratio of 1.43 and a debt-to-equity ratio of 80.68.

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 net margin of 3.64% and a return on equity of 21.92%.

Wall Street Analysts Forecast Growth

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