Centrica PLC (OTCMKTS:CPYYY – Get Free Report) was the target of a large decrease in short interest in September. As of September 30th, there was short interest totaling 91,471 shares, a decrease of 41.7% from the September 15th total of 157,016 shares. Based on an average daily trading volume, of 281,527 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.0% of the shares of the company are short sold.
Wall Street Analyst Weigh In
CPYYY has been the topic of several research reports. Kepler Capital Markets upgraded shares of Centrica from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 27th. HSBC raised shares of Centrica from a “hold” rating to a “buy” rating in a research note on Thursday, July 30th. Two analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Buy”.
Get Our Latest Stock Analysis on Centrica
Centrica Stock Down 0.8%
CPYYY stock opened at $7.90 on Friday. Centrica has a twelve month low of $7.72 and a twelve month high of $12.15. The company has a debt-to-equity ratio of 0.67, a quick ratio of 1.37 and a current ratio of 1.43. The business has a 50 day moving average price of $8.25 and a two-hundred day moving average price of $9.55.
About Centrica
Centrica plc is a United Kingdom-based energy and home-services company best known for operating British Gas. The company supplies gas and electricity to residential and business customers and provides installation, maintenance, repair and support services for heating, plumbing, electrical systems and other home-energy equipment.
Through British Gas and related operations, Centrica also offers smart-home products and energy-management services, including technologies designed to help customers monitor and manage their energy use.
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