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

Centrica plc (LON:CNA - Get Free Report)'s share price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 127.49 ($1.57) and traded as high as GBX 139.15 ($1.72). Centrica shares last traded at GBX 137.70 ($1.70), with a volume of 10,100,002 shares traded.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on CNA shares. Citigroup reiterated a "top pick" rating on shares of Centrica in a report on Thursday, December 5th. Jefferies Financial Group reissued a "buy" rating and issued a GBX 150 ($1.85) price objective 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 given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, Centrica has a consensus rating of "Moderate Buy" and an average price target of GBX 167 ($2.06).

Centrica Price Performance

The company has a market capitalization of £7.19 billion, a price-to-earnings ratio of 629.32, a PEG ratio of 0.45 and a beta of 1.08. The company has a current ratio of 1.77, a quick ratio of 0.40 and a debt-to-equity ratio of 61.65. The company's 50 day simple moving average is GBX 128.55 and its 200-day simple moving average is GBX 127.49.

Insider Transactions at Centrica

In other Centrica news, insider Amber Rudd purchased 1,624 shares of the business's stock in a transaction that occurred on Monday, November 25th. The shares were purchased at an average price of GBX 123 ($1.52) per share, for a total transaction of £1,997.52 ($2,463.03). Also, insider Kevin O'Byrne purchased 50,000 shares of the business's stock in a transaction that occurred on Monday, October 28th. The stock was acquired at an average price of GBX 123 ($1.52) per share, for a total transaction of £61,500 ($75,832.31). Insiders have purchased a total of 55,244 shares of company stock worth $6,803,912 in the last three months. Company insiders own 0.20% of the company's stock.

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.