Corero Network Security plc (LON:CNS - Get Free Report) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 17.74 ($0.24) and traded as low as GBX 14.65 ($0.20). Corero Network Security shares last traded at GBX 14.71 ($0.20), with a volume of 105,179 shares changing hands.
Analysts Set New Price Targets
Separately, Canaccord Genuity Group reaffirmed a "buy" rating and issued a GBX 23.50 ($0.32) target price on shares of Corero Network Security in a research note on Tuesday, April 1st.
Read Our Latest Research Report on CNS
Corero Network Security Price Performance
The company has a current ratio of 1.75, a quick ratio of 1.20 and a debt-to-equity ratio of 1.37. The firm has a 50 day moving average of GBX 16.68 and a two-hundred day moving average of GBX 17.70. The company has a market cap of £93.01 million, a PE ratio of 115.21 and a beta of 0.46.
Insider Activity at Corero Network Security
In other news, insider Carl Herberger bought 246,095 shares of the firm's stock in a transaction on Thursday, April 10th. The shares were bought at an average price of GBX 1,531 ($20.62) per share, for a total transaction of £3,767,714.45 ($5,073,679.57). 77.54% of the stock is owned by insiders.
About Corero Network Security
(
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Corero Network Security plc is a global leader in real-time, high-performance, automatic DDoS cyber defense solutions. Both Service and Hosting providers, alongside digital enterprises across the globe rely on Corero's award winning cybersecurity technology to eliminate the threat of Distributed Denial of Service (DDoS) to their digital environment through automatic attack detection and mitigation, coupled with network visibility, analytics and reporting.
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