Corero Network Security (LON:CNS) Hits New 1-Year High at $20.50

Posted by Latisha Jones on Jul 12th, 2024

Corero Network Security plc (LON:CNS – Get Free Report)’s share price hit a new 52-week high on Wednesday . The stock traded as high as GBX 20.50 ($0.26) and last traded at GBX 20.50 ($0.26), with a volume of 999379 shares. The stock had previously closed at GBX 18.75 ($0.24).

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group increased their price objective on shares of Corero Network Security from GBX 11.50 ($0.15) to GBX 12 ($0.15) and gave the company a “buy” rating in a report on Wednesday, March 27th.

Read Our Latest Research Report on Corero Network Security

Corero Network Security Price Performance

The company has a current ratio of 1.51, a quick ratio of 1.20 and a debt-to-equity ratio of 1.88. The company has a market capitalization of £99.22 million, a PE ratio of 675.00 and a beta of 0.58. The stock’s 50-day moving average is GBX 14.72 and its two-hundred day moving average is GBX 11.10.

Corero Network Security Company Profile

(Get Free Report)

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.