Centrica (LON:CNA) Insider Kevin O’Byrne Purchases 68,000 Shares

Centrica plc (LON:CNA) insider Kevin O’Byrne purchased 68,000 shares of the business’s stock in a transaction on Monday, September 21st. The shares were acquired at an average price of GBX 148 per share, with a total value of £100,640.

Centrica Trading Up 1.9%

Centrica stock traded up GBX 2.75 during trading hours on Monday, reaching GBX 149.80. The stock had a trading volume of 970,050,125 shares, compared to its average volume of 39,653,414. Centrica plc has a 52 week low of GBX 145.80 and a 52 week high of GBX 220.30. The company has a debt-to-equity ratio of 80.68, a current ratio of 1.43 and a quick ratio of 0.40. The company has a fifty day simple moving average of GBX 157.17 and a 200-day simple moving average of GBX 182.24. The stock has a market cap of £6.78 billion, a PE ratio of 9.92, a PEG ratio of 0.45 and a beta of 0.32.

Centrica (LON:CNA) last posted its earnings results on Thursday, July 23rd. The integrated energy company reported GBX 6.80 earnings per share (EPS) for the quarter. Centrica had a return on equity of 21.92% and a net margin of 3.64%.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank lowered their price objective on Centrica from GBX 230 to GBX 200 and set a “buy” rating for the company in a research note on Monday, July 27th. Five equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, Centrica has a consensus rating of “Moderate Buy” and a consensus price target of GBX 216.33.

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. Our Infrastructure businesses bring gas and electricity to the market every day and provide more than half of the UK’s gas storage capacity, while our Optimisation business delivers world-class procurement and route-to-market capabilities to the Group and third parties, supporting energy security and our customers’ decarbonisation journeys.