Centrica (LON:CNA) Sets New 1-Year High – Here’s What Happened

Centrica plc (LON:CNA)’s share price reached a new 52-week high during trading on Thursday . The stock traded as high as GBX 150.25 ($1.89) and last traded at GBX 143.55 ($1.81), with a volume of 51904449 shares. The stock had previously closed at GBX 135.90 ($1.71).

Analyst Ratings Changes

A number of research firms have recently commented on CNA. Citigroup restated a “top pick” rating on shares of Centrica in a report on Thursday, December 5th. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 150 ($1.89) price objective on shares of Centrica in a research report on Friday, December 6th. One investment analyst has rated the stock with a sell rating, five have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of GBX 167 ($2.10).

Centrica Trading Up 5.6 %

The company has a market cap of £7.17 billion, a price-to-earnings ratio of 6.84, a price-to-earnings-growth ratio of 0.45 and a beta of 1.08. The firm has a 50-day moving average price of GBX 134.61 and a 200 day moving average price of GBX 127.55. The company has a current ratio of 1.77, a quick ratio of 0.40 and a debt-to-equity ratio of 66.48.

Centrica (LON:CNA) last released its quarterly earnings data on Thursday, February 20th. The integrated energy company reported GBX 19 ($0.24) earnings per share (EPS) for the quarter. Centrica had a return on equity of 25.16% and a net margin of 5.39%.

Insider Buying and Selling at Centrica

In other Centrica news, insider Amber Rudd purchased 1,624 shares of the stock in a transaction dated Monday, November 25th. The shares were acquired at an average price of GBX 123 ($1.55) per share, for a total transaction of £1,997.52 ($2,513.55). Insiders have acquired 5,096 shares of company stock valued at $658,232 in the last quarter. Corporate insiders own 0.20% of the company’s stock.

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.