Centrica (LON:CNA) Share Price Passes Above Two Hundred Day Moving Average – Should You Sell?

Centrica plc (LON:CNA) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 136.95 ($1.83) and traded as high as GBX 160.85 ($2.15). Centrica shares last traded at GBX 159.15 ($2.13), with a volume of 36,171,680 shares changing hands.

Centrica Stock Performance

The company’s 50-day moving average price is GBX 148.52 and its two-hundred day moving average price is GBX 136.95. The company has a market cap of £7.93 billion, a P/E ratio of 7.56, a price-to-earnings-growth ratio of 0.45 and a beta of 1.08. The company has a current ratio of 1.77, a quick ratio of 0.40 and a debt-to-equity ratio of 66.48.

Centrica (LON:CNA) last announced its earnings results on Thursday, February 20th. The integrated energy company reported GBX 19 ($0.25) EPS for the quarter. Centrica had a return on equity of 25.16% and a net margin of 5.39%.

Centrica Increases Dividend

The company also recently disclosed a dividend, which will be paid on Thursday, June 5th. Investors of record on Thursday, May 1st will be paid a GBX 3 ($0.04) dividend. This is a positive change from Centrica’s previous dividend of $1.50. The ex-dividend date is Thursday, May 1st. This represents a yield of 2.08%. Centrica’s dividend payout ratio (DPR) is currently 19.06%.

Insider Buying and Selling at Centrica

In related news, insider Philippe Boisseau acquired 1,270 shares of the stock in a transaction that occurred on Wednesday, March 26th. The shares were purchased at an average cost of GBX 148 ($1.98) per share, with a total value of £1,879.60 ($2,509.81). Also, insider Amber Rudd acquired 1,483 shares of the company’s stock in a transaction on Tuesday, February 25th. The stock was bought at an average price of GBX 152 ($2.03) per share, for a total transaction of £2,254.16 ($3,009.96). Insiders have bought a total of 14,087 shares of company stock valued at $2,112,588 in the last three months. 0.20% of the stock is currently owned by company insiders.

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.