Corero Network Security (LON:CNS) Reaches New 1-Year High at $11.00

Shares of Corero Network Security plc (LON:CNS - Get Free Report) reached a new 52-week high during trading on Wednesday . The company traded as high as GBX 11 ($0.14) and last traded at GBX 11 ($0.14), with a volume of 972331 shares traded. The stock had previously closed at GBX 9 ($0.11).

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group lifted their price objective on shares of Corero Network Security from GBX 11.50 ($0.14) to GBX 12 ($0.15) and gave the stock a "buy" rating in a research report on Wednesday, March 27th.

Check Out Our Latest Stock Analysis on Corero Network Security

Corero Network Security Trading Up 11.1 %

The firm has a market capitalization of £50.88 million, a P/E ratio of 675.00 and a beta of 0.66. The company has a debt-to-equity ratio of 1.88, a current ratio of 1.51 and a quick ratio of 1.20. The business's 50-day moving average is GBX 8.66 and its 200 day moving average is GBX 8.48.

Corero Network Security Company Profile

(Get Free Report)

Corero Network Security plc provides distributed denial of service (DDoS) protection solutions worldwide. The company offers Corero SmartWall products to remove DDoS attack traffic. Its products include SmartWall Threat Defense System appliances for DDoS protection; SmartWall Threat Defense Director, which delivers software edge protection for the networks; SmartWall Threat Defense Cloud that protects against the cloud attacks; and SecureWatch Managed Services, a suite of configuration optimization, monitoring, and mitigation response services.

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