Centrica (LON:CNA) Hits New 12-Month Low – Time to Sell?

Centrica plc (LON:CNA) reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as GBX 150.95 and last traded at GBX 151.15, with a volume of 191272797 shares traded. The stock had previously closed at GBX 152.40.

Analyst Upgrades and Downgrades

CNA has been the topic of several research reports. Berenberg Bank dropped their price objective on shares of Centrica from GBX 230 to GBX 200 and set a “buy” rating on the stock in a report on Monday, July 27th. JPMorgan Chase & Co. reduced their target price on shares of Centrica from GBX 245 to GBX 235 and set an “overweight” rating for the company in a research note on Friday, May 15th. Royal Bank Of Canada reissued an “outperform” rating and set a GBX 225 target price on shares of Centrica in a research report on Monday, May 11th. Finally, Jefferies Financial Group restated a “hold” rating and set a GBX 210 price target on shares of Centrica in a research note on Friday, May 8th. Five investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 216.33.

Centrica Stock Down 0.7%

The firm has a market capitalization of £6.86 billion, a price-to-earnings ratio of 10.03, a price-to-earnings-growth ratio of 0.45 and a beta of 0.32. The business has a 50 day moving average of GBX 162.77 and a 200 day moving average of GBX 186.21. The company has a debt-to-equity ratio of 80.68, a current ratio of 1.43 and a quick ratio of 0.40.

Centrica (LON:CNA) last posted its quarterly earnings results on Thursday, July 23rd. The integrated energy company reported GBX 6.80 earnings per share for the quarter. Centrica had a net margin of 3.64% and a return on equity of 21.92%.

Insider Transactions at Centrica

In other Centrica news, insider Frank Mastiaux bought 1,448 shares of the firm’s stock in a transaction dated Tuesday, August 25th. The shares were acquired at an average cost of GBX 155 per share, for a total transaction of £2,244.40. Also, insider Sue Whalley bought 600 shares of the firm’s stock in a transaction dated Monday, July 27th. The shares were acquired at an average price of GBX 162 per share, for a total transaction of £972. Insiders have bought a total of 5,164 shares of company stock valued at $846,283 over the last ninety days. 0.39% of the stock is owned by insiders.

Centrica Company Profile

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. Our Infrastructure businesses bring gas and electricity to the market every day and provide more than half of the UK’s gas storage capacity, while our Optimisation business delivers world-class procurement and route-to-market capabilities to the Group and third parties, supporting energy security and our customers’ decarbonisation journeys.