Corero Network Security plc (LON:CNS - Get Free Report)'s share price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 20.34 ($0.25) and traded as low as GBX 17.50 ($0.22). Corero Network Security shares last traded at GBX 18.43 ($0.23), with a volume of 580,897 shares changing hands.
Wall Street Analysts Forecast Growth
CNS has been the subject of several research reports. Canaccord Genuity Group reaffirmed a "buy" rating and issued a GBX 23.50 ($0.29) price target on shares of Corero Network Security in a report on Tuesday, September 24th. Canaccord Genuity Group restated a "buy" rating and issued a GBX 24 ($0.30) target price on shares of Corero Network Security in a research note on Tuesday, January 7th.
Get Our Latest Analysis on CNS
Corero Network Security Price Performance
The company has a quick ratio of 1.20, a current ratio of 1.75 and a debt-to-equity ratio of 1.37. The stock's 50-day moving average price is GBX 20.36 and its 200 day moving average price is GBX 20.34. The firm has a market cap of £96.08 million, a price-to-earnings ratio of 675.00 and a beta of 0.46.
Insider Activity at Corero Network Security
In related news, insider Carl Herberger purchased 106,530 shares of the business's stock in a transaction dated Tuesday, January 21st. The shares were bought at an average price of GBX 18 ($0.22) per share, with a total value of £19,175.40 ($23,641.23). Insiders own 77.54% of the company's stock.
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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