Insider Buying: Centrica (LON:CNA) Insider Buys 102 Shares of Stock

Centrica plc (LON:CNA) insider Chris O?Shea acquired 102 shares of the business’s stock in a transaction that occurred on Monday, October 12th. The stock was bought at an average cost of GBX 147 per share, for a total transaction of £149.94.

Centrica Stock Performance

Centrica stock traded down GBX 0.85 during trading hours on Wednesday, reaching GBX 149.35. 8,443,841 shares of the company were exchanged, compared to its average volume of 32,927,566. Centrica plc has a 12 month low of GBX 144 and a 12 month high of GBX 220.30. The company has a current ratio of 1.43, a quick ratio of 0.40 and a debt-to-equity ratio of 80.68. The stock has a 50-day moving average of GBX 151.41 and a 200 day moving average of GBX 175.85. The firm has a market cap of £6.76 billion, a price-to-earnings ratio of 9.89, a PEG 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 EPS for the quarter. Centrica had a net margin of 3.64% and a return on equity of 21.92%.

Analyst Ratings Changes

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