Centrica (OTCMKTS:CPYYY) Hits New 12-Month Low – Time to Sell?

Centrica PLC (OTCMKTS:CPYYY)’s stock price hit a new 52-week low on Tuesday. The stock traded as low as $7.76 and last traded at $7.76, with a volume of 2492 shares traded. The stock had previously closed at $8.02.

Analyst Upgrades and Downgrades

Several analysts have commented on CPYYY shares. HSBC upgraded shares of Centrica from a “hold” rating to a “buy” rating in a research note on Thursday, July 30th. Kepler Capital Markets upgraded shares of Centrica from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 27th. Two investment analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Buy”.

Centrica Trading Down 0.9%

The business has a 50 day moving average price of $8.42 and a 200 day moving average price of $9.84. The company has a quick ratio of 1.37, a current ratio of 1.43 and a debt-to-equity ratio of 0.67.

About Centrica

Centrica plc is a United Kingdom-based energy services company focused on supplying energy and providing related services to households and businesses. Its principal consumer brand, British Gas, offers electricity and natural gas, home energy management, boiler and heating services, and maintenance solutions. Centrica also provides connected-home products and services through offerings associated with the British Gas and Hive brands.

Through its business operations, Centrica participates in energy supply, energy trading, power generation, and customer-focused energy solutions.