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Centrica (LON:CNA) Shares Cross Above 200-Day Moving Average - Should You Sell?

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Centrica plc (LON:CNA - Get Free Report)'s stock price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 130.06 ($1.68) and traded as high as GBX 146.55 ($1.89). Centrica shares last traded at GBX 144.52 ($1.87), with a volume of 61,669,555 shares traded.

Analysts Set New Price Targets

A number of research firms recently issued reports on CNA. Citigroup reaffirmed a "top pick" rating on shares of Centrica in a research note on Thursday, December 5th. Jefferies Financial Group restated a "buy" rating and issued a GBX 150 ($1.94) target price on shares of Centrica in a research note on Friday, December 6th. One research analyst has rated the stock with a sell rating, five have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of GBX 167 ($2.16).

Check Out Our Latest Analysis on CNA

Centrica Stock Performance

The firm's 50 day moving average is GBX 141.34 and its 200-day moving average is GBX 130.24. The stock has a market capitalization of £7.35 billion, a price-to-earnings ratio of 7.01, a PEG ratio of 0.45 and a beta of 1.08. The company has a debt-to-equity ratio of 66.48, a quick ratio of 0.40 and a current ratio of 1.77.

Centrica (LON:CNA - Get Free Report) last issued its quarterly earnings data on Thursday, February 20th. The integrated energy company reported GBX 19 ($0.25) earnings per share for the quarter. Centrica had a net margin of 5.39% and a return on equity of 25.16%.

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Centrica Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, June 5th. Stockholders of record on Thursday, May 1st will be given a GBX 3 ($0.04) dividend. The ex-dividend date of this dividend is Thursday, May 1st. This is a boost from Centrica's previous dividend of $1.50. This represents a dividend yield of 2.08%. Centrica's payout ratio is 19.06%.

Insider Transactions at Centrica

In related news, insider Amber Rudd purchased 1,688 shares of Centrica stock in a transaction that occurred on Friday, December 27th. The stock was purchased at an average price of GBX 129 ($1.67) per share, for a total transaction of £2,177.52 ($2,813.70). Insiders acquired a total of 4,955 shares of company stock valued at $683,896 in the last three months. 0.20% of the stock is currently owned by company insiders.

Centrica Company Profile

(Get Free Report)

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.

Further Reading

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