Centrica (LON:CNA) Share Price Passes Above 200-Day Moving Average - What's Next?

Centrica plc (LON:CNA - Get Free Report)'s stock price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 127.62 ($1.61) and traded as high as GBX 140.85 ($1.77). Centrica shares last traded at GBX 137.05 ($1.72), with a volume of 15,036,437 shares changing hands.

Analyst Ratings Changes

CNA has been the topic of several recent research reports. Jefferies Financial Group restated a "buy" rating and set a GBX 150 ($1.89) price target on shares of Centrica in a report on Friday, December 6th. Citigroup reaffirmed a "top pick" rating on shares of Centrica in a research report on Thursday, December 5th. One equities 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 company. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of GBX 167 ($2.10).

Centrica Stock Up 0.6 %

The company has a 50-day simple moving average of GBX 134.30 and a 200 day simple moving average of GBX 127.53. The company has a market cap of £6.80 billion, a P/E ratio of 6.49, a P/E/G 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 66.48.

Insider Transactions at Centrica

In other news, insider Amber Rudd purchased 1,672 shares of the company's stock in a transaction dated Monday, January 27th. The shares were acquired at an average price of GBX 135 ($1.70) per share, with a total value of £2,257.20 ($2,839.60). In the last 90 days, insiders have bought 5,096 shares of company stock valued at $658,232. 0.20% of the stock is currently owned by corporate insiders.

About Centrica

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.