Corero Network Security (LON:CNS) Stock Crosses Below 200 Day Moving Average - Should You Sell?

Corero Network Security plc (LON:CNS - Get Free Report)'s share price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 16.96 ($0.23) and traded as low as GBX 14.75 ($0.20). Corero Network Security shares last traded at GBX 15.20 ($0.20), with a volume of 106,413 shares trading hands.

Analyst Ratings Changes

Separately, Canaccord Genuity Group reaffirmed 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.

Corero Network Security Price Performance

The business has a 50-day moving average price of GBX 15.08 and a 200 day moving average price of GBX 16.75. The company has a market cap of £58.97 million, a price-to-earnings ratio of 73.05 and a beta of 0.46. The company has a current ratio of 1.75, a quick ratio of 1.20 and a debt-to-equity ratio of 1.37.

Corero Network Security Company Profile

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.