Centrica (OTCMKTS:CPYYY) Shares Up 5.9% – Here’s What Happened

Centrica PLC (OTCMKTS:CPYYY)’s share price traded up 5.9% on Monday . The company traded as high as $10.96 and last traded at $10.96. 1,278 shares were traded during trading, a decline of 96% from the average session volume of 28,509 shares. The stock had previously closed at $10.35.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the company. Citigroup restated a “neutral” rating on shares of Centrica in a research note on Wednesday, February 4th. Royal Bank Of Canada reissued an “outperform” rating on shares of Centrica in a research note on Tuesday, February 3rd. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

Centrica Stock Up 3.5%

The company has a quick ratio of 1.56, a current ratio of 1.62 and a debt-to-equity ratio of 0.71. The firm’s fifty day moving average price is $9.91 and its 200-day moving average price is $9.30.

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.