Centrica (OTCMKTS:CPYYY) Sees Large Volume Increase – Time to Buy?

Centrica PLC (OTCMKTS:CPYYY – Get Free Report) shares saw an uptick in trading volume on Monday . Approximately 78,883 shares traded hands during mid-day trading, an increase of 12% from the previous session’s volume of 70,644 shares.The stock last traded at $9.19 and had previously closed at $9.28.

Analyst Ratings Changes

CPYYY has been the topic of a number of research analyst reports. Citigroup upgraded shares of Centrica from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, March 11th. Kepler Capital Markets upgraded Centrica from a “strong sell” rating to a “hold” rating in a research report on Monday, March 16th. 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 company. According to MarketBeat, the stock presently has an average rating of “Buy”.

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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 business’s fifty day moving average is $10.39 and its 200 day moving average is $10.48.

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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