Centrica PLC (OTCMKTS:CPYYY) Short Interest Update

Centrica PLC (OTCMKTS:CPYYY) was the target of a significant increase in short interest during the month of April. As of April 30th, there was short interest totaling 65,389 shares, an increase of 574.4% from the April 15th total of 9,696 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 74,019 shares, the short-interest ratio is presently 0.9 days.

Centrica Stock Performance

CPYYY traded down $0.23 during mid-day trading on Thursday, hitting $11.03. The stock had a trading volume of 6,828 shares, compared to its average volume of 66,538. The stock’s fifty day simple moving average is $11.31 and its 200-day simple moving average is $10.22. Centrica has a 1-year low of $7.50 and a 1-year high of $12.15. The company has a current ratio of 1.45, a quick ratio of 1.41 and a debt-to-equity ratio of 0.75.

Wall Street Analyst Weigh In

Several analysts have weighed in on the company. Citigroup raised Centrica from a “hold” rating to a “strong-buy” rating in a report on Wednesday, March 11th. The Goldman Sachs Group reaffirmed a “buy” rating on shares of Centrica in a research note on Wednesday, February 25th. Kepler Capital Markets upgraded shares of Centrica from a “strong sell” rating to a “hold” rating in a report on Monday, March 16th. Jefferies Financial Group cut shares of Centrica from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 2nd. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Centrica in a report on Wednesday, February 25th. Two equities research analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Buy”.

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.