Centrica (OTCMKTS:CPYYY) Shares Up 5.9% – Still a Buy?

Centrica PLC (OTCMKTS:CPYYY)’s stock price traded up 5.9% on Monday . The company traded as high as $10.96 and last traded at $10.96. 1,278 shares were traded during trading, a decline of 96% from the average session volume of 28,509 shares. The stock had previously closed at $10.35.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on CPYYY. Citigroup reiterated a “neutral” rating on shares of Centrica in a research report on Wednesday, February 4th. The Goldman Sachs Group reaffirmed a “buy” rating on shares of Centrica in a research report on Wednesday. Finally, Royal Bank Of Canada reiterated an “outperform” rating on shares of Centrica in a research report on Wednesday. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

Centrica Trading Up 2.7%

The company has a current ratio of 1.62, a quick ratio of 1.56 and a debt-to-equity ratio of 0.71. The business has a fifty day moving average price of $10.02 and a two-hundred day moving average price of $9.34.

About Centrica

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.