Corero Network Security (LON:CNS) Trading Down 14% - Time to Sell?

Corero Network Security plc (LON:CNS - Get Free Report)'s share price traded down 14% during trading on Tuesday . The company traded as low as GBX 16.60 ($0.20) and last traded at GBX 16.60 ($0.20). 704,538 shares changed hands during trading, an increase of 117% from the average session volume of 325,012 shares. The stock had previously closed at GBX 19.30 ($0.24).

Analyst Ratings Changes

A number of research firms recently weighed in on CNS. Canaccord Genuity Group reissued a "buy" rating and set a GBX 24 ($0.29) target price on shares of Corero Network Security in a report on Tuesday, January 7th. Canaccord Genuity Group reissued a "buy" rating and set a GBX 23.50 ($0.29) target price on shares of Corero Network Security in a report on Tuesday, September 24th.

Corero Network Security Price Performance

The business's fifty day moving average price is GBX 20.81 and its 200 day moving average price is GBX 20.25. 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 stock has a market cap of £85.02 million, a P/E ratio of 675.00 and a beta of 0.46.

Corero Network Security Company Profile

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.