Corero Network Security (LON:CNS) Given Buy Rating at Canaccord Genuity Group

Canaccord Genuity Group restated their buy rating on shares of Corero Network Security (LON:CNS - Free Report) in a research note issued to investors on Tuesday morning, Marketbeat Ratings reports. Canaccord Genuity Group currently has a GBX 24 ($0.30) price objective on the stock.

Separately, Canaccord Genuity Group restated a "buy" rating and set a GBX 23.50 ($0.29) price objective on shares of Corero Network Security in a report on Tuesday, September 24th.

Corero Network Security Price Performance

CNS stock remained flat at GBX 19.50 ($0.24) on Tuesday. 719,971 shares of the company traded hands, compared to its average volume of 249,638. The company has a debt-to-equity ratio of 1.37, a current ratio of 1.75 and a quick ratio of 1.20. The firm has a market cap of £99.87 million, a PE ratio of 675.00 and a beta of 0.46. Corero Network Security has a 1 year low of GBX 7.55 ($0.09) and a 1 year high of GBX 29.30 ($0.37). The company has a fifty day simple moving average of GBX 21.46 and a two-hundred day simple moving average of GBX 20.09.

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.