Centrica (OTCMKTS:CPYYY) Upgraded to “Strong-Buy” at UBS Group

UBS Group upgraded shares of Centrica (OTCMKTS:CPYYY) to a strong-buy rating in a report published on Wednesday, Zacks.com reports.

Centrica Trading Down 0.7 %

Shares of Centrica stock opened at $6.97 on Wednesday. Centrica has a 12-month low of $5.85 and a 12-month high of $8.61. The company has a current ratio of 1.44, a quick ratio of 1.35 and a debt-to-equity ratio of 0.73. The company has a 50-day simple moving average of $6.88 and a 200 day simple moving average of $6.94.

Centrica Increases Dividend

The company also recently disclosed a dividend, which will be paid on Monday, July 22nd. Shareholders of record on Friday, May 31st will be issued a dividend of $0.1189 per share. This is an increase from Centrica’s previous dividend of $0.06. The ex-dividend date is Friday, May 31st.

About Centrica

Centrica plc operates as an integrated energy company in the United Kingdom, Ireland, Scandinavia, North America, and internationally. The company operates through British Gas Services & Solutions, British Gas Energy, Centrica Business Solutions, Bord Gáis Energy, Centrica Energy, and Upstream segments.