Centrica (LON:CNA) Shares Cross Above 200 Day Moving Average of $138.06

Shares of Centrica plc (LON:CNA - Get Free Report) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 138.06 ($1.75) and traded as high as GBX 144 ($1.83). Centrica shares last traded at GBX 141.15 ($1.79), with a volume of 18,157,615 shares trading hands.

Analyst Ratings Changes

CNA has been the subject of several research analyst reports. Citigroup reissued a "buy" rating on shares of Centrica in a report on Friday, February 16th. JPMorgan Chase & Co. reaffirmed an "overweight" rating on shares of Centrica in a research note on Wednesday, February 21st. Barclays reduced their target price on shares of Centrica from GBX 205 ($2.61) to GBX 190 ($2.41) and set an "underweight" rating for the company in a research note on Wednesday, May 15th. Finally, UBS Group raised shares of Centrica to a "buy" rating and upped their target price for the stock from GBX 165 ($2.10) to GBX 170 ($2.16) in a research note on Wednesday, May 8th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and four have given a buy rating to the company's stock. According to data from MarketBeat.com, Centrica currently has a consensus rating of "Moderate Buy" and an average price target of GBX 156 ($1.98).

Centrica Stock Performance

The stock's 50 day moving average is GBX 132.27 and its two-hundred day moving average is GBX 138.06. The company has a current ratio of 1.44, a quick ratio of 0.40 and a debt-to-equity ratio of 96.93. The stock has a market capitalization of £7.50 billion, a price-to-earnings ratio of 204.57, a price-to-earnings-growth ratio of 0.45 and a beta of 1.10.

Insider Transactions at Centrica

In other Centrica news, insider Amber Rudd acquired 1,720 shares of Centrica stock in a transaction dated Monday, March 25th. The stock was bought at an average cost of GBX 127 ($1.61) per share, for a total transaction of £2,184.40 ($2,776.31). In related news, insider Amber Rudd purchased 1,720 shares of the stock in a transaction on Monday, March 25th. The shares were purchased at an average cost of GBX 127 ($1.61) per share, with a total value of £2,184.40 ($2,776.31). Also, insider Chris O’Shea bought 2,785,622 shares of the stock in a transaction dated Friday, May 17th. The shares were acquired at an average cost of GBX 144 ($1.83) per share, for a total transaction of £4,011,295.68 ($5,098,240.57). Insiders acquired a total of 2,790,821 shares of company stock worth $401,797,325 in the last three months. Insiders own 0.17% of the company's stock.

About Centrica

Centrica plc operates as an integrated energy company in the United Kingdom, Ireland, Scandinavia, North America, and internationally. The company operates through British Gas Services & Solutions, British Gas Energy, Centrica Business Solutions, Bord Gáis Energy, Centrica Energy, and Upstream segments.