Centrica (OTCMKTS:CPYYY) Sets New 52-Week High – What’s Next?

Centrica PLC (OTCMKTS:CPYYY)’s stock price hit a new 52-week high during trading on Tuesday . The stock traded as high as $10.97 and last traded at $10.97, with a volume of 18279 shares changing hands. The stock had previously closed at $10.82.

Analysts Set New Price Targets

Several equities analysts recently issued reports on CPYYY shares. Citigroup reissued a “neutral” rating on shares of Centrica in a report on Wednesday, February 4th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Centrica in a report on Tuesday, February 3rd. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy”.

Centrica Stock Down 6.8%

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 business has a 50-day moving average price of $9.88 and a two-hundred day moving average price of $9.29.

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.