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

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

Centrica Stock Performance

Shares of LON:CNA traded down GBX 0.25 ($0.00) during trading on Thursday, reaching GBX 131.40 ($1.62). The company had a trading volume of 11,982,096 shares, 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. Centrica plc has a fifty-two week low of GBX 110.20 ($1.36) and a fifty-two week high of GBX 173.70 ($2.15). The firm has a market capitalization 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 stock’s fifty day moving average price is GBX 129.04 and its 200 day moving average price is GBX 140.98.

Centrica Increases Dividend

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

Analysts Set New Price Targets

Several research analysts have commented on the company. Citigroup reaffirmed a “buy” rating on shares of Centrica in a research report on Friday, February 16th. JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of Centrica in a research report on Wednesday, February 21st. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, Centrica currently has an average rating of “Moderate Buy” and an average price target 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.