Centrica (OTCMKTS:CPYYY) Hits New 52-Week Low – Time to Sell?

Shares of Centrica PLC (OTCMKTS:CPYYY) reached a new 52-week low during mid-day trading on Monday . The company traded as low as $8.06 and last traded at $8.08, with a volume of 29871 shares changing hands. The stock had previously closed at $8.31.

Analyst Ratings Changes

Several equities 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 note on Monday, July 27th. HSBC raised shares of Centrica from a “hold” rating to a “buy” rating in a report on Thursday, July 30th. Two analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, Centrica presently has an average rating of “Buy”.

Centrica Trading Down 2.4%

The company has a debt-to-equity ratio of 0.67, a current ratio of 1.43 and a quick ratio of 1.37. The business has a fifty day moving average price of $8.68 and a 200 day moving average price of $10.04.

About Centrica

Centrica plc is a United Kingdom-based energy services company focused on supplying energy and providing related services to households and businesses. Its principal consumer brand, British Gas, offers electricity and natural gas, home energy management, boiler and heating services, and maintenance solutions. Centrica also provides connected-home products and services through offerings associated with the British Gas and Hive brands.

Through its business operations, Centrica participates in energy supply, energy trading, power generation, and customer-focused energy solutions.