Insider Buying: Centrica (LON:CNA) Insider Acquires £2,250 in Stock

Key Points

• Centrica insider Frank Mastiaux bought 1,500 shares at GBX 150 each, investing £2,250. This follows two additional purchases totaling approximately £4,488 in August and September.
• Centrica shares traded near GBX 150.25, close to their 52-week low of GBX 144 and below the 200-day moving average of GBX 172.36; the company has a £6.80 billion market capitalization.
• Analysts maintain a “Moderate Buy” consensus, with four Buy ratings and one Hold rating and an average price target of GBX 217.60, despite Berenberg lowering its target to GBX 200.

Centrica plc (LON:CNA - Get Free Report) insider Frank Mastiaux acquired 1,500 shares of the business's stock in a transaction on Monday, October 26th. The shares were bought at an average price of GBX 150 per share, with a total value of £2,250.

Frank Mastiaux also recently made the following trade(s):

• On Friday, September 25th, Frank Mastiaux bought 1,506 shares of Centrica stock. The stock was acquired at an average cost of GBX 149 per share, with a total value of £2,243.94.
• On Tuesday, August 25th, Frank Mastiaux purchased 1,448 shares of Centrica stock. The stock was acquired at an average price of GBX 155 per share, for a total transaction of £2,244.40.

Centrica Stock Performance

LON:CNA traded down GBX 0.30 during mid-day trading on Monday, reaching GBX 150.25. 23,030,561 shares of the company's stock were exchanged, compared to its average volume of 32,117,754. Centrica plc has a one year low of GBX 144 and a one year high of GBX 220.30. The firm has a market capitalization of £6.80 billion, a PE ratio of 9.95, a price-to-earnings-growth ratio of 0.45 and a beta of 0.32. The business's fifty day simple moving average is GBX 150.54 and its two-hundred day simple moving average is GBX 172.36. The company has a debt-to-equity ratio of 80.68, a quick ratio of 0.40 and a current ratio of 1.43.

Centrica (LON:CNA - Get Free Report) last issued its quarterly earnings results on Thursday, July 23rd. The integrated energy company reported GBX 6.80 earnings per share (EPS) for the quarter. Centrica had a return on equity of 21.92% and a net margin of 3.64%.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank lowered their target price on shares of Centrica from GBX 230 to GBX 200 and set a "buy" rating for the company in a report on Monday, July 27th. Four investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of GBX 217.60.

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. Our Infrastructure businesses bring gas and electricity to the market every day and provide more than half of the UK's gas storage capacity, while our Optimisation business delivers world-class procurement and route-to-market capabilities to the Group and third parties, supporting energy security and our customers' decarbonisation journeys.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.