Centrica (OTCMKTS:CPYYY) Reaches New 52-Week Low – Here’s Why

Centrica PLC (OTCMKTS:CPYYYGet Free Report)’s stock price hit a new 52-week low during trading on Monday . The stock traded as low as $8.06 and last traded at $8.08, with a volume of 29871 shares traded. The stock had previously closed at $8.31.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the company. Kepler Capital Markets raised Centrica from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 27th. HSBC upgraded Centrica from a “hold” rating to a “buy” rating in a research report on Thursday, July 30th. Two analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Buy”.

Read Our Latest Analysis on CPYYY

Centrica Trading Up 1.4%

The firm’s 50-day moving average price is $8.64 and its 200 day moving average price is $10.00. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.43 and a quick ratio of 1.37.

About Centrica

(Get Free Report)

Centrica plc is a United Kingdom-based energy services company focused on supplying energy and providing related services to households and businesses. Its principal consumer brand, British Gas, offers electricity and natural gas, home energy management, boiler and heating services, and maintenance solutions. Centrica also provides connected-home products and services through offerings associated with the British Gas and Hive brands.

Through its business operations, Centrica participates in energy supply, energy trading, power generation, and customer-focused energy solutions.

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