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

Shares of Centrica plc (LON:CNA - Get Free Report) crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 127.54 ($1.58) and traded as high as GBX 142.90 ($1.77). Centrica shares last traded at GBX 140.90 ($1.75), with a volume of 11,081,463 shares trading hands.

Analyst Upgrades and Downgrades

A number of analysts have commented on CNA shares. Jefferies Financial Group restated a "buy" rating and set a GBX 150 ($1.86) price target on shares of Centrica in a research note on Friday, December 6th. Citigroup restated a "top pick" rating on shares of Centrica in a research note on Thursday, December 5th. One equities research analyst has rated the stock with a sell rating, five have assigned a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, Centrica has an average rating of "Moderate Buy" and a consensus target price of GBX 167 ($2.07).

Centrica Stock Performance

The company has a debt-to-equity ratio of 61.65, a quick ratio of 0.40 and a current ratio of 1.77. The stock has a market cap of £7.08 billion, a P/E ratio of 620.45, a price-to-earnings-growth ratio of 0.45 and a beta of 1.08. The company's 50 day moving average price is GBX 133.39 and its 200-day moving average price is GBX 127.69.

Insider Transactions at Centrica

In related news, insider Amber Rudd purchased 1,672 shares of the business's stock in a transaction that occurred on Monday, January 27th. The shares were bought at an average cost of GBX 135 ($1.67) per share, with a total value of £2,257.20 ($2,799.80). Insiders bought a total of 5,281 shares of company stock worth $680,162 in the last quarter. 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.