Corero Network Security (LON:CNS) Shares Up 6.1% – What’s Next?

Corero Network Security plc (LON:CNS) shares were up 6.1% on Friday . The company traded as high as GBX 7.70 and last traded at GBX 7. 3,403,766 shares traded hands during trading, an increase of 1,059% from the average daily volume of 293,716 shares. The stock had previously closed at GBX 6.60.

Corero Network Security Stock Performance

The stock’s 50-day moving average price is GBX 9.44 and its 200-day moving average price is GBX 11.23. The company has a market cap of £35.85 million, a P/E ratio of -70.00 and a beta of 0.46. The company has a debt-to-equity ratio of 2.47, a current ratio of 1.13 and a quick ratio of 1.20.

Corero Network Security Company Profile

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. Corero’s industry leading SmartWall and SecureWatch technology provides scalable protection capabilities against external DDoS attackers and internal DDoS botnets in the most complex edge and subscriber environments, while enabling a more cost-effective economic model than previously available.