Centrica (OTCMKTS:CPYYY) Sets New 52-Week High – Here’s What Happened

Centrica PLC (OTCMKTS:CPYYY)’s stock price hit a new 52-week high on Tuesday . The company traded as high as $11.05 and last traded at $10.71, with a volume of 11303 shares traded. The stock had previously closed at $10.35.

Wall Street Analyst Weigh In

CPYYY has been the subject of several analyst reports. Citigroup reissued a “neutral” rating on shares of Centrica in a research note on Wednesday, February 4th. Royal Bank Of Canada reiterated an “outperform” rating on shares of Centrica in a report on Tuesday, February 3rd. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

Centrica Trading Up 3.5%

The firm has a 50 day moving average of $9.95 and a 200 day moving average of $9.32. The company has a quick ratio of 1.56, a current ratio of 1.62 and a debt-to-equity ratio of 0.71.

About Centrica

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.