Centrica (OTCMKTS:CPYYY) Sets New 12-Month High – Here’s Why

Shares of Centrica PLC (OTCMKTS:CPYYY) reached a new 52-week high during trading on Tuesday . The stock traded as high as $11.05 and last traded at $10.71, with a volume of 11303 shares changing hands. The stock had previously closed at $10.35.

Wall Street Analyst Weigh In

CPYYY has been the subject of several research reports. Citigroup reiterated a “neutral” rating on shares of Centrica in a research report on Wednesday, February 4th. The Goldman Sachs Group reiterated a “buy” rating on shares of Centrica in a research report on Wednesday. Finally, Royal Bank Of Canada restated an “outperform” rating on shares of Centrica in a research report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy”.

Centrica Trading Up 2.7%

The company has a debt-to-equity ratio of 0.71, a current ratio of 1.62 and a quick ratio of 1.56. The stock’s fifty day moving average is $10.02 and its two-hundred day moving average is $9.34.

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.