Centrica (LON:CNA) Shares Cross Above Two Hundred Day Moving Average – What’s Next?

Centrica plc (LON:CNA)’s stock price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 143 ($1.93) and traded as high as GBX 164.70 ($2.22). Centrica shares last traded at GBX 163.35 ($2.21), with a volume of 28,360,467 shares.

Centrica Price Performance

The company has a quick ratio of 0.40, a current ratio of 1.77 and a debt-to-equity ratio of 66.48. The stock’s 50-day simple moving average is GBX 152.86 and its two-hundred day simple moving average is GBX 143. The company has a market capitalization of £8.21 billion, a price-to-earnings ratio of 7.83, a PEG ratio of 0.45 and a beta of 1.08.

Insiders Place Their Bets

In other Centrica news, insider Sue Whalley bought 10,000 shares of the business’s stock in a transaction dated Thursday, April 17th. The shares were acquired at an average cost of GBX 149 ($2.01) per share, with a total value of £14,900 ($20,116.11). Also, insider Philippe Boisseau bought 1,230 shares of the business’s stock in a transaction dated Monday, April 28th. The stock was acquired at an average cost of GBX 158 ($2.13) per share, for a total transaction of £1,943.40 ($2,623.73). Over the last quarter, insiders have purchased 14,476 shares of company stock valued at $2,182,464. 0.20% of the stock is 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.