Centrica (OTCMKTS:CPYYY) Reaches New 1-Year Low – Here’s Why

Centrica PLC (OTCMKTS:CPYYY) reached a new 52-week low during trading on Monday . The company traded as low as $8.06 and last traded at $8.08, with a volume of 29871 shares changing hands. The stock had previously closed at $8.31.

Wall Street Analyst Weigh In

CPYYY has been the subject of a number of research reports. HSBC raised shares of Centrica from a “hold” rating to a “buy” rating in a research report on Thursday, July 30th. Kepler Capital Markets raised shares of Centrica from a “hold” rating to a “strong-buy” rating in a report on Monday, July 27th. Two equities research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Buy”.

Centrica Stock Performance

The company has a debt-to-equity ratio of 0.67, a current ratio of 1.43 and a quick ratio of 1.37. The business’s 50-day moving average is $8.68 and its two-hundred day moving average is $10.04.

Centrica Company Profile

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.