Centrica (LON:CNA) Reaches New 52-Week High – Should You Buy?

Centrica plc (LON:CNA) reached a new 52-week high on Monday . The stock traded as high as GBX 168.90 ($2.27) and last traded at GBX 168.45 ($2.26), with a volume of 970248938 shares changing hands. The stock had previously closed at GBX 166.45 ($2.23).

Centrica Stock Performance

The company has a debt-to-equity ratio of 66.48, a current ratio of 1.77 and a quick ratio of 0.40. The business has a 50-day moving average of GBX 156.85 and a 200-day moving average of GBX 145.25. The company has a market capitalization of £8.40 billion, a P/E ratio of 8.01, a P/E/G ratio of 0.45 and a beta of 1.08.

Insider Activity

In related news, insider Chris O’Shea purchased 427 shares of Centrica stock in a transaction that occurred on Thursday, June 5th. The shares were bought at an average price of GBX 161 ($2.16) per share, with a total value of £687.47 ($922.90). Also, insider Philippe Boisseau acquired 1,270 shares of the firm’s stock in a transaction that occurred on Wednesday, March 26th. The shares were bought at an average price of GBX 148 ($1.99) per share, with a total value of £1,879.60 ($2,523.29). Over the last quarter, insiders have bought 14,659 shares of company stock valued at $2,212,476. 0.20% of the stock is currently owned by company 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.