Corero Network Security plc (LON:CNS - Get Free Report) shares passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 13.88 ($0.19) and traded as low as GBX 9.53 ($0.13). Corero Network Security shares last traded at GBX 10 ($0.13), with a volume of 752,732 shares changing hands.
Analysts Set New Price Targets
Separately, Canaccord Genuity Group reissued a "buy" rating and issued a GBX 19 price objective on shares of Corero Network Security in a report on Tuesday, September 16th. One research analyst has rated the stock with a Buy rating, According to MarketBeat.com, Corero Network Security has a consensus rating of "Buy" and an average price target of GBX 19.
Read Our Latest Stock Report on CNS
Corero Network Security Price Performance
The company has a debt-to-equity ratio of 1.37, a current ratio of 1.75 and a quick ratio of 1.20. The stock has a 50 day moving average price of GBX 9.77 and a 200-day moving average price of GBX 13.88. The stock has a market capitalization of £53.78 million, a price-to-earnings ratio of 10,500.00 and a beta of 0.46.
Insider Activity
In other news, insider Chris Goulden purchased 220,264 shares of the stock in a transaction dated Friday, July 18th. The shares were purchased at an average cost of GBX 9 per share, with a total value of £19,823.76. 39.64% of the stock is owned by corporate 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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