Centrica (OTCMKTS:CPYYY) Hits New 1-Year Low – Here’s What Happened

Centrica PLC (OTCMKTS:CPYYY) shares reached a new 52-week low on Wednesday . The company traded as low as $8.1850 and last traded at $8.24, with a volume of 41322 shares traded. The stock had previously closed at $8.44.

Wall Street Analyst Weigh In

CPYYY has been the topic of several research reports. 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. Three research analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy”.

Centrica Stock Performance

The company has a debt-to-equity ratio of 0.67, a quick ratio of 1.37 and a current ratio of 1.43. The stock has a 50 day simple moving average of $8.79 and a 200 day simple moving average of $10.14.

Centrica Company Profile

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.