Shares of Corero Network Security plc (LON:CNS – Get Free Report) passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 11.74 ($0.15) and traded as high as GBX 14.30 ($0.18). Corero Network Security shares last traded at GBX 13.86 ($0.18), with a volume of 69,301 shares trading hands.
Analysts Set New Price Targets
Separately, Canaccord Genuity Group lifted their price target on shares of Corero Network Security from GBX 11.50 ($0.15) to GBX 12 ($0.15) and gave the stock a “buy” rating in a research note on Wednesday, March 27th.
Get Our Latest Report on Corero Network Security
Corero Network Security Price Performance
The business has a fifty day moving average of GBX 11.74 and a 200 day moving average of GBX 9.58. The company has a debt-to-equity ratio of 1.88, a current ratio of 1.51 and a quick ratio of 1.20. The stock has a market cap of £70.27 million, a PE ratio of 675.00 and a beta of 0.58.
Corero Network Security Company Profile
Corero Network Security plc provides distributed denial of service (DDoS) protection solutions worldwide. The company offers SmartWall DDoS protection solutions that are designed to protect business continuity, service availability, revenues, and brand reputations from harmful DDoS attacks. It also provides DDos Intelligence Service, which specializes in automatic detection and protection solutions with network visibility, analytics, and reporting tools; SecureWatch Managed Services that improves defense against advanced DDoS attacks with its security services; SmartWall One, a solution that offers inline and data path protection, edge and cloud mitigation, and scrubbing; and SecureWatch Analytics that can formulate new mitigation rules.
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