Shares of Corero Network Security plc (LON:CNS - Get Free Report) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 20.11 ($0.26) and traded as low as GBX 18.40 ($0.24). Corero Network Security shares last traded at GBX 18.55 ($0.24), with a volume of 400,358 shares trading hands.
Analyst Ratings Changes
Separately, Canaccord Genuity Group reaffirmed a "buy" rating and set a GBX 24 ($0.31) price target on shares of Corero Network Security in a research note on Tuesday, January 7th.
View Our Latest Analysis on CNS
Corero Network Security Stock Performance
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 company's 50-day moving average price is GBX 18.35 and its two-hundred day moving average price is GBX 20.10. The company has a market capitalization of £118.18 million, a price-to-earnings ratio of 146.39 and a beta of 0.46.
Insider Transactions at Corero Network Security
In other news, insider Carl Herberger acquired 106,530 shares of the firm's stock in a transaction dated Tuesday, January 21st. The stock was bought at an average cost of GBX 18 ($0.23) per share, for a total transaction of £19,175.40 ($24,784.02). 77.54% of the stock is currently owned by corporate insiders.
About Corero Network Security
(
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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.
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