Centrica (LON:CNA) Stock: Insider Frank Mastiaux Acquires 1,506 Shares

Centrica plc (LON:CNA) insider Frank Mastiaux bought 1,506 shares of the business’s stock in a transaction dated Friday, September 25th. The shares were acquired at an average cost of GBX 149 per share, for a total transaction of £2,243.94.

Frank Mastiaux also recently made the following trade(s):

• On Tuesday, August 25th, Frank Mastiaux bought 1,448 shares of Centrica stock. The shares were acquired at an average price of GBX 155 per share, with a total value of £2,244.40.
• On Monday, July 27th, Frank Mastiaux purchased 1,384 shares of Centrica stock. The stock was acquired at an average cost of GBX 162 per share, with a total value of £2,242.08.

Centrica Stock Down 1.4%

Centrica stock traded down GBX 2.05 during mid-day trading on Friday, hitting GBX 147.25. The company had a trading volume of 13,551,002 shares, compared to its average volume of 34,252,590. The company has a quick ratio of 0.40, a current ratio of 1.43 and a debt-to-equity ratio of 80.68. Centrica plc has a 1 year low of GBX 145.80 and a 1 year high of GBX 220.30. The business has a fifty day moving average of GBX 155.17 and a 200 day moving average of GBX 180.98. The stock has a market cap of £6.67 billion, a price-to-earnings ratio of 9.75, a PEG ratio of 0.45 and a beta of 0.32.

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

Wall Street Analyst Weigh In

Separately, Berenberg Bank reduced their price objective on Centrica from GBX 230 to GBX 200 and set a “buy” rating for the company in a research note on Monday, July 27th. Five analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Centrica currently has an average rating of “Moderate Buy” and an average price target of GBX 216.33.

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. 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.