Centrica (OTCMKTS:CPYYY) Sees Strong Trading Volume – Should You Buy?

Shares of Centrica PLC (OTCMKTS:CPYYY – Get Free Report) saw an uptick in trading volume on Monday . Approximately 141,030 shares traded hands during trading, an increase of 89% from the previous session’s volume of 74,453 shares.The stock last traded at $8.3850 and had previously closed at $8.38.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the stock. Kepler Capital Markets raised shares of Centrica from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 27th. HSBC raised Centrica from a “hold” rating to a “buy” rating in a report on Thursday, July 30th. Three research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Buy”.

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Centrica Stock Performance

The stock’s 50 day moving average is $9.32 and its 200 day moving average is $10.41. The company has a debt-to-equity ratio of 0.67, a quick ratio of 1.37 and a current ratio of 1.43.

About Centrica

(Get Free Report)

Centrica plc is a British multinational energy and services company headquartered in Windsor, England. The company operates across energy supply, services and solutions, delivering gas and electricity to residential, commercial and industrial customers. In addition to commodity supply, Centrica offers a range of services such as boiler installation and maintenance, smart home technology, and energy efficiency solutions through its field-based engineering teams.

Established in 1997 following the demerger of British Gas, Centrica has evolved through strategic acquisitions and divestments to focus on core markets and capabilities.

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