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

by · The Cerbat Gem

Centrica PLC (OTCMKTS:CPYYY – Get Free Report) saw an uptick in trading volume on Tuesday . 90,099 shares traded hands during trading, an increase of 485% from the previous session’s volume of 15,399 shares.The stock last traded at $9.53 and had previously closed at $9.77.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on CPYYY. Citigroup lowered shares of Centrica from a “buy” rating to a “hold” rating in a research report on Monday, October 27th. Morgan Stanley upgraded shares of Centrica to an “overweight” rating in a research report on Wednesday, September 17th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, Centrica presently has a consensus rating of “Moderate Buy”.

Read Our Latest Stock Analysis on CPYYY

Centrica Stock Performance

The company has a current ratio of 1.62, a quick ratio of 1.56 and a debt-to-equity ratio of 0.71. The firm’s 50-day moving average price is $9.06 and its 200-day moving average price is $8.96.

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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