Centrica PLC (OTCMKTS:CPYYY) Stock Short Interest Report for September

Centrica PLC (OTCMKTS:CPYYY) was the target of a large drop in short interest in September. As of September 30th, there was short interest totaling 91,471 shares, a drop of 41.7% from the September 15th total of 157,016 shares. Based on an average daily volume of 281,527 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.0% of the shares of the stock are sold short.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the company. Kepler Capital Markets upgraded Centrica from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 27th. HSBC upgraded Centrica from a “hold” rating to a “buy” rating in a report on Thursday, July 30th. Two investment analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Buy”.

Centrica Stock Performance

Shares of Centrica stock traded down $0.03 during mid-day trading on Thursday, hitting $7.93. The stock had a trading volume of 36,069 shares, compared to its average volume of 93,575. The firm has a 50-day moving average of $8.25 and a two-hundred day moving average of $9.57. Centrica has a 12-month low of $7.72 and a 12-month high of $12.15. The company has a debt-to-equity ratio of 0.67, a quick ratio of 1.37 and a current ratio of 1.43.

About Centrica

Centrica plc is a United Kingdom-based energy and home-services company best known for operating British Gas. The company supplies gas and electricity to residential and business customers and provides installation, maintenance, repair and support services for heating, plumbing, electrical systems and other home-energy equipment.

Through British Gas and related operations, Centrica also offers smart-home products and energy-management services, including technologies designed to help customers monitor and manage their energy use.