Centrica (OTCMKTS:CPYYY) Sees Strong Trading Volume – Here’s What Happened

Centrica PLC (OTCMKTS:CPYYYGet Free Report) saw unusually-strong trading volume on Tuesday . Approximately 30,084 shares were traded during trading, a decline of 17% from the previous session’s volume of 36,452 shares.The stock last traded at $11.14 and had previously closed at $11.26.

Analyst Ratings Changes

A number of brokerages recently weighed in on CPYYY. Kepler Capital Markets raised shares of Centrica from a “strong sell” rating to a “hold” rating in a research note on Monday, March 16th. The Goldman Sachs Group reissued a “buy” rating on shares of Centrica in a research note on Wednesday, February 25th. Citigroup raised shares of Centrica from a “hold” rating to a “strong-buy” rating in a report on Wednesday, March 11th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Centrica in a report on Wednesday, February 25th. Finally, Jefferies Financial Group lowered shares of Centrica from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 2nd. Two analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, Centrica has an average rating of “Buy”.

View Our Latest Stock Report on CPYYY

Centrica Price Performance

The company has a quick ratio of 1.41, a current ratio of 1.45 and a debt-to-equity ratio of 0.75. The stock’s 50 day moving average price is $11.32 and its 200-day moving average price is $10.23.

Centrica Company Profile

(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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