Centrica (OTCMKTS:CPYYY) Shares Gap Down – Time to Sell?

Centrica PLC (OTCMKTS:CPYYYGet Free Report)’s stock price gapped down before the market opened on Thursday . The stock had previously closed at $8.2350, but opened at $7.79. Centrica shares last traded at $8.53, with a volume of 5,994 shares traded.

Analysts Set New Price Targets

Several brokerages have recently weighed in on CPYYY. Kepler Capital Markets upgraded Centrica from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 27th. HSBC raised Centrica from a “hold” rating to a “buy” rating in a report on Thursday, July 30th. Two equities research analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Buy”.

Read Our Latest Research Report on Centrica

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’s fifty day moving average is $8.62 and its two-hundred day moving average is $9.98.

Centrica Company Profile

(Get Free Report)

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.

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