Corero Network Security plc (LON:CNS – Get Free Report) shares passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 20.42 ($0.25) and traded as low as GBX 18.66 ($0.23). Corero Network Security shares last traded at GBX 19 ($0.24), with a volume of 3,029 shares changing hands.
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.
Check Out Our Latest Report on Corero Network Security
Corero Network Security Stock Performance
Insider Activity at Corero Network Security
In other Corero Network Security news, insider Carl Herberger bought 106,530 shares of Corero Network Security stock in a transaction on Tuesday, January 21st. The shares were purchased at an average cost of GBX 18 ($0.22) per share, with a total value of £19,175.40 ($23,873.75). 77.54% of the stock is currently owned by company insiders.
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.
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