Centrica (LON:CNA) Share Price Crosses Above 200 Day Moving Average of $101.33

Shares of Centrica plc (LON:CNA – Get Rating) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 101.33 ($1.26) and traded as high as GBX 118.50 ($1.47). Centrica shares last traded at GBX 116 ($1.44), with a volume of 16,829,181 shares trading hands.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on CNA. JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Centrica in a research note on Tuesday, March 7th. Citigroup reiterated a “buy” rating on shares of Centrica in a research note on Tuesday, May 16th. Finally, Barclays restated an “overweight” rating and set a GBX 160 ($1.99) price objective on shares of Centrica in a research note on Monday, February 6th.

Centrica Trading Down 1.5 %

The business’s 50 day moving average is GBX 110.98 and its two-hundred day moving average is GBX 101.33. The company has a quick ratio of 0.40, a current ratio of 0.95 and a debt-to-equity ratio of 313.83. The firm has a market capitalization of £6.57 billion, a P/E ratio of -892.31, a PEG ratio of 0.48 and a beta of 1.23.

Insider Activity at Centrica

In related news, insider Chris O’Shea acquired 1,848 shares of the business’s stock in a transaction that occurred on Wednesday, March 29th. The shares were acquired at an average cost of GBX 103 ($1.28) per share, for a total transaction of £1,903.44 ($2,367.46). In other Centrica news, insider Chris O’Shea purchased 1,848 shares of the company’s stock in a transaction on Wednesday, March 29th. The shares were purchased at an average cost of GBX 103 ($1.28) per share, for a total transaction of £1,903.44 ($2,367.46). Also, insider Russell O’Brien purchased 184,489 shares of the company’s stock in a transaction on Tuesday, March 14th. The stock was acquired at an average price of GBX 108 ($1.34) per share, for a total transaction of £199,248.12 ($247,821.04). Insiders have purchased a total of 885,557 shares of company stock worth $91,449,168 over the last ninety days. 0.09% of the stock is currently owned by corporate insiders.

About Centrica

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Centrica plc operates as an integrated energy company in the United Kingdom, Ireland, Norway, North America, and internationally. The company operates through British Gas Services & Solutions, British Gas Energy, Centrica Business Solutions, Bord Gáis Energy, Energy Marketing & Trading, and Upstream segments.