Centrica PLC (OTCMKTS:CPYYY) Short Interest Down 96.7% in July

Centrica PLC (OTCMKTS:CPYYY) saw a large decline in short interest during the month of July. As of July 31st, there was short interest totaling 479 shares, a decline of 96.7% from the July 15th total of 14,324 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 138,878 shares, the short-interest ratio is presently 0.0 days.

Centrica Trading Up 0.1%

Shares of Centrica stock traded up $0.01 on Tuesday, reaching $8.41. 47,340 shares of the stock were exchanged, compared to its average volume of 90,451. The business has a 50 day moving average price of $9.25 and a two-hundred day moving average price of $10.39. Centrica has a twelve month low of $8.19 and a twelve month high of $12.15. The company has a current ratio of 1.43, a quick ratio of 1.37 and a debt-to-equity ratio of 0.67.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on CPYYY shares. Kepler Capital Markets upgraded shares of Centrica from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 27th. HSBC upgraded shares of Centrica from a “hold” rating to a “buy” rating in a research note on Thursday, July 30th. Three equities research analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, Centrica 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.