Centrica (OTCMKTS:CPYYY) Shares Gap Down – Time to Sell?

Centrica PLC (OTCMKTS:CPYYYGet Free Report) gapped down prior to trading on Thursday . The stock had previously closed at $9.89, but opened at $9.39. Centrica shares last traded at $9.36, with a volume of 2,018 shares changing hands.

Analysts Set New Price Targets

CPYYY has been the subject of a number of recent research reports. Kepler Capital Markets raised 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 upgraded shares of Centrica from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, March 11th. Royal Bank Of Canada restated an “outperform” rating on shares of Centrica in a research report on Wednesday, February 25th. Finally, Jefferies Financial Group cut shares of Centrica from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 2nd. Two investment analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Buy”.

View Our Latest Research Report on Centrica

Centrica Stock 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 fifty day simple moving average is $10.96 and its two-hundred day simple moving average is $10.46.

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.

Featured Stories

Receive News & Ratings for Centrica Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Centrica and related companies with MarketBeat.com's FREE daily email newsletter.