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

Centrica PLC (OTCMKTS:CPYYY)’s share price gapped down prior to trading on Thursday . The stock had previously closed at $11.03, but opened at $10.31. Centrica shares last traded at $10.19, with a volume of 12,740 shares changing hands.

Analyst Ratings Changes

Several brokerages recently commented on CPYYY. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Centrica in a research report on Tuesday, February 3rd. Citigroup restated a “neutral” rating on shares of Centrica in a report on Wednesday, February 4th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, Centrica has an average rating of “Moderate Buy”.

Centrica Stock Down 6.3%

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 simple moving average is $9.86 and its 200-day simple moving average is $9.28.

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.