Key Points
- Insider purchase: Director Carl Herberger bought 138,000 shares on Feb 3 at GBX 13 each, a transaction worth £17,940.
- Analyst view: Canaccord Genuity reaffirmed a "Buy" and set a GBX 19 price target, matching the stock's consensus Buy rating and average target of GBX 19.
- Trading snapshot: Shares opened at GBX 13.20 (up 4.8%), market cap ≈ £67.6m, 52‑week range GBX 8.50–20.38, and a negative P/E of -44 indicating the company is currently unprofitable.
Corero Network Security plc (LON:CNS - Get Free Report) insider Carl Herberger bought 138,000 shares of the business's stock in a transaction dated Tuesday, February 3rd. The shares were purchased at an average cost of GBX 13 per share, with a total value of £17,940.
Corero Network Security Trading Up 4.8%
Shares of Corero Network Security stock opened at GBX 13.20 on Thursday. The firm has a 50-day simple moving average of GBX 10.70 and a two-hundred day simple moving average of GBX 10.19. The company has a debt-to-equity ratio of 1.37, a quick ratio of 1.20 and a current ratio of 1.75. Corero Network Security plc has a fifty-two week low of GBX 8.50 and a fifty-two week high of GBX 20.38. The company has a market cap of £67.61 million, a P/E ratio of -44.00 and a beta of 0.46.
Analysts Set New Price Targets
Separately, Canaccord Genuity Group reaffirmed a "buy" rating and set a GBX 19 price objective on shares of Corero Network Security in a report on Monday, January 12th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company presently has a consensus rating of "Buy" and an average target price of GBX 19.
Check Out Our Latest Report on Corero Network Security
About Corero Network Security
(
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Corero Network Security plc is a global leader in real-time, high-performance, automatic DDoS cyber defense solutions. Both Service and Hosting providers, alongside digital enterprises across the globe rely on Corero's award winning cybersecurity technology to eliminate the threat of Distributed Denial of Service (DDoS) to their digital environment through automatic attack detection and mitigation, coupled with network visibility, analytics and reporting. Corero's industry leading SmartWall and SecureWatch technology provides scalable protection capabilities against external DDoS attackers and internal DDoS botnets in the most complex edge and subscriber environments, while enabling a more cost-effective economic model than previously available.
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