Corero Network Security (LON:CNS) Hits New 52-Week High at $15.50

Corero Network Security plc (LON:CNS) shares reached a new 52-week high during trading on Thursday . The company traded as high as GBX 15.50 ($0.20) and last traded at GBX 15 ($0.19), with a volume of 82329 shares trading hands. The stock had previously closed at GBX 14.75 ($0.19).

Analysts Set New Price Targets

Separately, Canaccord Genuity Group raised their target price on Corero Network Security from GBX 11.50 ($0.15) to GBX 12 ($0.15) and gave the company a “buy” rating in a research note on Wednesday, March 27th.

Corero Network Security Trading Down 1.7 %

The company has a debt-to-equity ratio of 1.88, a quick ratio of 1.20 and a current ratio of 1.51. The firm has a market cap of £73.78 million, a P/E ratio of 675.00 and a beta of 0.58. The stock has a fifty day simple moving average of GBX 13.74 and a 200 day simple moving average of GBX 10.52.

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.