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

Centrica plc (LON:CNA) insider Philippe Boisseau bought 1,428 shares of Centrica stock in a transaction on Thursday, April 25th. The shares were acquired at an average cost of GBX 131 ($1.62) per share, with a total value of £1,870.68 ($2,310.62).

Centrica Stock Down 0.2 %

LON CNA traded down GBX 0.25 ($0.00) during trading on Thursday, reaching GBX 131.40 ($1.62). 11,982,096 shares of the company’s stock traded hands, compared to its average volume of 31,980,080. The company has a debt-to-equity ratio of 96.93, a current ratio of 1.44 and a quick ratio of 0.40. The firm has a market cap of £7.04 billion, a price-to-earnings ratio of 189.93, a price-to-earnings-growth ratio of 0.45 and a beta of 1.10. The company’s 50 day simple moving average is GBX 129.04 and its two-hundred day simple moving average is GBX 140.98. Centrica plc has a 12-month low of GBX 110.20 ($1.36) and a 12-month high of GBX 173.70 ($2.15).

Centrica Increases Dividend

The company also recently disclosed a dividend, which will be paid on Thursday, July 11th. Stockholders of record on Thursday, May 30th will be given a GBX 2.67 ($0.03) dividend. The ex-dividend date of this dividend is Thursday, May 30th. This represents a dividend yield of 1.99%. This is an increase from Centrica’s previous dividend of $1.33. Centrica’s payout ratio is presently 579.71%.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on CNA shares. JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of Centrica in a research note on Wednesday, February 21st. Citigroup reaffirmed a “buy” rating on shares of Centrica in a research note on Friday, February 16th. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat, the company currently 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.