Centrica (LON:CNA) Stock Price Crosses Above 200-Day Moving Average of $138.06

Centrica plc (LON:CNA)’s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-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 traded.

Analyst Ratings Changes

Several equities research analysts have recently commented on the stock. Barclays decreased 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 report on Wednesday, May 15th. UBS Group raised shares of Centrica to a “buy” rating and boosted their target price for the stock from GBX 165 ($2.10) to GBX 170 ($2.16) in a research report on Wednesday, May 8th. Citigroup reaffirmed a “buy” rating on shares of Centrica in a research report on Friday, February 16th. Finally, JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of Centrica in a research report on Wednesday, February 21st. One 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 stock. Based on data from MarketBeat, Centrica presently has a consensus rating of “Moderate Buy” and an average price target of GBX 156 ($1.98).

Centrica Stock Down 1.9 %

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 firm has a market capitalization of £7.50 billion, a P/E ratio of 204.57, a P/E/G ratio of 0.45 and a beta of 1.10. The stock’s 50-day simple moving average is GBX 132.27 and its 200-day simple moving average is GBX 138.06.

Insider Buying and Selling at Centrica

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

Centrica Company Profile

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.