Insider Buying: Centrica (LON:CNA) Insider Buys £2,243.94 in Stock

Centrica plc (LON:CNA) insider Frank Mastiaux acquired 1,506 shares of the company’s stock in a transaction that occurred on Friday, September 25th. The stock was acquired at an average price of GBX 149 per share, with a total value of £2,243.94.

Frank Mastiaux also recently made the following trade(s):

• On Tuesday, August 25th, Frank Mastiaux bought 1,448 shares of Centrica stock. The shares were acquired at an average price of GBX 155 per share, for a total transaction of £2,244.40.
• On Monday, July 27th, Frank Mastiaux bought 1,384 shares of Centrica stock. The shares were acquired at an average cost of GBX 162 per share, for a total transaction of £2,242.08.

Centrica Trading Down 1.3%

Shares of LON CNA opened at GBX 147.40 on Monday. 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 52-week low of GBX 145.80 and a 52-week high of GBX 220.30. The firm has a 50 day moving average price of GBX 154.65 and a two-hundred day moving average price of GBX 180.65. The stock has a market cap of £6.68 billion, a P/E ratio of 9.76, a price-to-earnings-growth ratio of 0.45 and a beta of 0.32.

Centrica (LON:CNA) last issued its quarterly earnings results 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%.

Analyst Upgrades and Downgrades

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