Philippe Boisseau Purchases 1,428 Shares of Centrica plc (LON:CNA) Stock

Centrica plc (LON:CNA) insider Philippe Boisseau purchased 1,428 shares of the firm’s stock in a transaction on Thursday, April 25th. The stock was bought at an average price of GBX 131 ($1.62) per share, for a total transaction of £1,870.68 ($2,310.62).

Centrica Stock Up 1.8 %

Shares of Centrica stock opened at GBX 133.70 ($1.65) on Friday. The company has a fifty day moving average price of GBX 128.94 and a 200 day moving average price of GBX 140.91. The company has a current ratio of 1.44, a quick ratio of 0.40 and a debt-to-equity ratio of 96.93. Centrica plc has a twelve month low of GBX 112 ($1.38) and a twelve month high of GBX 173.70 ($2.15). The stock has a market cap of £7.17 billion, a price-to-earnings ratio of 193.77, a price-to-earnings-growth ratio of 0.45 and a beta of 1.10.

Centrica Increases Dividend

The firm also recently declared a dividend, which will be paid on Thursday, July 11th. Investors of record on Thursday, May 30th will be given a dividend of GBX 2.67 ($0.03) per share. This represents a yield of 1.99%. This is a boost from Centrica’s previous dividend of $1.33. The ex-dividend date of this dividend is Thursday, May 30th. Centrica’s dividend payout ratio is 579.71%.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on CNA. Citigroup reiterated a “buy” rating on shares of Centrica in a report on Friday, February 16th. JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of Centrica in a research report on Wednesday, February 21st. One analyst has rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of GBX 156.25 ($1.93).

Centrica Company Profile

Centrica plc operates as an integrated energy company in the United Kingdom, Ireland, Scandinavia, North America, and internationally. The company operates through British Gas Services & Solutions, British Gas Energy, Centrica Business Solutions, Bord Gáis Energy, Centrica Energy, and Upstream segments.