Corero Network Security plc (LON:CNS - Get Free Report) passed 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.
Analyst Ratings Changes
Separately, Canaccord Genuity Group restated a "buy" rating and set a GBX 23.50 ($0.32) target price on shares of Corero Network Security in a report on Tuesday, April 1st.
Check Out Our Latest Analysis on CNS
Corero Network Security Stock Performance
The company has a market capitalization of £93.01 million, a price-to-earnings ratio of 115.21 and a beta of 0.46. The stock's 50 day moving average price is GBX 16.65 and its 200 day moving average price is GBX 17.64. The company has a current ratio of 1.75, a quick ratio of 1.20 and a debt-to-equity ratio of 1.37.
Insider Buying and Selling
In related news, insider Carl Herberger purchased 246,095 shares of the firm's stock in a transaction on Thursday, April 10th. The stock was purchased at an average cost of GBX 1,531 ($20.59) per share, for a total transaction of £3,767,714.45 ($5,066,856.44). 77.54% of the stock is currently owned by corporate insiders.
About Corero Network Security
(
Get Free Report)
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.
Further Reading
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