Centrica (OTCMKTS:CPYYY) Sets New 1-Year High – Time to Buy?

Centrica PLC (OTCMKTS:CPYYY)’s stock price hit a new 52-week high during trading on Wednesday . The stock traded as high as $10.08 and last traded at $10.0785, with a volume of 3581 shares changing hands. The stock had previously closed at $9.93.

Wall Street Analyst Weigh In

Separately, Citigroup cut shares of Centrica from a “buy” rating to a “hold” rating in a research report on Monday, October 27th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy”.

Centrica Stock Performance

The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.56 and a current ratio of 1.62. The firm’s 50 day moving average is $9.14 and its two-hundred day moving average is $9.01.

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.