Corero Network Security (LON:CNS) Trading Down 3% – TechNewsObserver

Corero Network Security PLC (LON:CNS) dropped 3% during trading on Wednesday . The company traded as low as GBX 3 ($0.04) and last traded at GBX 3.20 ($0.04), approximately 43,630 shares were traded during trading. An increase of 63% from the average daily volume of 26,831 shares. The stock had previously closed at GBX 3.30 ($0.04).

The company has a current ratio of 1.58, a quick ratio of 1.54 and a debt-to-equity ratio of 21.36. The stock has a market capitalization of $12.86 million and a P/E ratio of -2.00. The stock’s 50 day simple moving average is GBX 2.91 and its 200 day simple moving average is GBX 5.72.

About Corero Network Security (LON:CNS)

Corero Network Security plc develops, markets, and sells network security products and services for the protection from distributed denial of service (DDoS) attacks worldwide. It offers Corero SmartWall, which provides protection against various cyber-attacks, including network and application layer, DDoS attacks, volumetric, and multi-vector attacks.

Further Reading: Death Cross

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