Corero Network Security plc (LON:CNS) Insider Purchases £19,175.40 in Stock

Corero Network Security plc (LON:CNS) insider Carl Herberger purchased 106,530 shares of the business’s stock in a transaction on Tuesday, January 21st. The stock was acquired at an average price of GBX 18 ($0.22) per share, with a total value of £19,175.40 ($23,942.31).

Corero Network Security Trading Up 4.7 %

Corero Network Security stock opened at GBX 19.90 ($0.25) on Friday. Corero Network Security plc has a 1 year low of GBX 7.75 ($0.10) and a 1 year high of GBX 29.30 ($0.37). The firm’s 50 day moving average price is GBX 20.10 and its 200-day moving average price is GBX 20.41. The company has a debt-to-equity ratio of 1.37, a current ratio of 1.75 and a quick ratio of 1.20. The stock has a market cap of £101.92 million, a P/E ratio of 675.00 and a beta of 0.46.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 24 ($0.30) price objective on shares of Corero Network Security in a research note on Tuesday, January 7th.

About Corero Network Security

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.