Corero Network Security plc (LON:CNS) Insider Purchases £19,823.76 in Stock

Corero Network Security plc (LON:CNS) insider Chris Goulden bought 220,264 shares of the stock in a transaction on Friday, July 18th. The stock was purchased at an average cost of GBX 9 ($0.12) per share, with a total value of £19,823.76 ($26,934.46).

Corero Network Security Stock Up 1.3%

Shares of LON:CNS opened at GBX 9.63 ($0.13) on Thursday. The stock has a market cap of £61.70 million, a price-to-earnings ratio of 76.42 and a beta of 0.46. The company has a quick ratio of 1.20, a current ratio of 1.75 and a debt-to-equity ratio of 1.37. Corero Network Security plc has a 12-month low of GBX 8.50 ($0.12) and a 12-month high of GBX 29.30 ($0.40). The business’s 50 day moving average is GBX 14.60 and its 200 day moving average is GBX 16.54.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group reissued a “buy” rating and issued a GBX 23.50 ($0.32) price target on shares of Corero Network Security in a research note on Tuesday, April 1st.

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.