Key Points
- Insider purchase: Jeremy Nicholls bought 43,000 shares on May 5 at an average price of GBX 12 per share, a total value of £5,160.
- Analyst sentiment: Canaccord raised its target to GBX 20 and issued a "buy" rating; the stock's consensus analyst rating is "Buy" with an average target of GBX 20.
- Market snapshot: Shares trade around GBX 12.30 (1‑year range GBX 8.50–18.50) with a market cap of £63 million and a negative P/E of -123, reflecting current unprofitability.
Corero Network Security plc (LON:CNS - Get Free Report) insider Jeremy Nicholls bought 43,000 shares of the company's stock in a transaction on Tuesday, May 5th. The stock was bought at an average cost of GBX 12 per share, with a total value of £5,160.
Corero Network Security Trading Up 0.4%
Shares of LON CNS opened at GBX 12.30 on Thursday. Corero Network Security plc has a 1-year low of GBX 8.50 and a 1-year high of GBX 18.50. The company has a market cap of £63.00 million, a PE ratio of -123.00 and a beta of 0.46. The company has a current ratio of 1.13, a quick ratio of 1.20 and a debt-to-equity ratio of 2.47. The company has a 50-day moving average of GBX 12.26 and a two-hundred day moving average of GBX 11.27.
Analyst Upgrades and Downgrades
Separately, Canaccord Genuity Group boosted their target price on shares of Corero Network Security from GBX 19 to GBX 20 and gave the stock a "buy" rating in a research note on Tuesday, March 24th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company has an average rating of "Buy" and an average target price of GBX 20.
View Our Latest Report on CNS
Corero Network Security Company Profile
(
Get Free Report)
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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