Centrica (LON:CNA) Stock Price Crosses Above 200 Day Moving Average - Here's Why

Centrica plc (LON:CNA - Get Free Report) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 148.95 ($2.00) and traded as high as GBX 155.85 ($2.09). Centrica shares last traded at GBX 154.10 ($2.07), with a volume of 12,852,937 shares trading hands.

Centrica Stock Down 0.8%

The company has a market cap of £7.64 billion, a P/E ratio of 7.29, 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. The firm's 50 day moving average price is GBX 158.92 and its 200-day moving average price is GBX 149.23.

Insider Activity

In other Centrica news, insider Philippe Boisseau bought 1,230 shares of Centrica stock in a transaction dated Monday, April 28th. The shares were bought at an average price of GBX 158 ($2.12) per share, with a total value of £1,943.40 ($2,608.59). Also, insider Chris O’Shea sold 770,946 shares of the firm's stock in a transaction dated Monday, June 23rd. The shares were sold at an average price of GBX 168 ($2.26), for a total transaction of £1,295,189.28 ($1,738,509.10). Insiders bought a total of 4,494 shares of company stock worth $718,408 in the last ninety days. Insiders own 0.20% of the company's stock.

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.