Corero Network Security (LON:CNS) Hits New 52-Week High at $15.50

Shares of Corero Network Security plc (LON:CNS) hit a new 52-week high on Thursday . The company traded as high as GBX 15.50 ($0.20) and last traded at GBX 15 ($0.19), with a volume of 82329 shares trading hands. The stock had previously closed at GBX 14.75 ($0.19).

Analyst Ratings Changes

Separately, Canaccord Genuity Group increased their price objective on Corero Network Security from GBX 11.50 ($0.15) to GBX 12 ($0.15) and gave the company a “buy” rating in a report on Wednesday, March 27th.

Corero Network Security Stock Performance

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 firm has a fifty day moving average of GBX 13.74 and a 200 day moving average of GBX 10.52. The stock has a market capitalization of £73.78 million, a price-to-earnings ratio of 675.00 and a beta of 0.58.

Corero Network Security Company Profile

Corero Network Security plc provides distributed denial of service (DDoS) protection solutions worldwide. The company offers SmartWall DDoS protection solutions that are designed to protect business continuity, service availability, revenues, and brand reputations from harmful DDoS attacks. It also provides DDos Intelligence Service, which specializes in automatic detection and protection solutions with network visibility, analytics, and reporting tools; SecureWatch Managed Services that improves defense against advanced DDoS attacks with its security services; SmartWall One, a solution that offers inline and data path protection, edge and cloud mitigation, and scrubbing; and SecureWatch Analytics that can formulate new mitigation rules.