Carl Herberger Acquires 106,530 Shares of Corero Network Security plc (LON:CNS) Stock

Corero Network Security plc (LON:CNS) insider Carl Herberger bought 106,530 shares of the business’s stock in a transaction on Tuesday, January 21st. The shares were acquired at an average price of GBX 18 ($0.22) per share, for a total transaction of £19,175.40 ($23,641.23).

Corero Network Security Stock Up 5.7 %

CNS opened at GBX 18.77 ($0.23) on Wednesday. The stock has a market cap of £96.13 million, a PE ratio of 675.00 and a beta of 0.46. The stock’s fifty day simple moving average is GBX 20.36 and its 200 day simple moving average is GBX 20.34. Corero Network Security plc has a 1-year low of GBX 7.75 ($0.10) and a 1-year high of GBX 29.30 ($0.36). The company has a current ratio of 1.75, a quick ratio of 1.20 and a debt-to-equity ratio of 1.37.

Analyst Ratings Changes

CNS has been the subject of a number of recent analyst reports. Canaccord Genuity Group restated a “buy” rating and issued a GBX 23.50 ($0.29) price objective on shares of Corero Network Security in a research report on Tuesday, September 24th. Canaccord Genuity Group restated a “buy” rating and issued a GBX 24 ($0.30) price objective on shares of Corero Network Security in a report on Tuesday, January 7th.

About Corero Network Security

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.