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

Shares of Centrica plc (OTCMKTS:CPYYY) reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $7.89 and last traded at $7.78, with a volume of 515 shares changing hands. The stock had previously closed at $7.66.

Wall Street Analysts Forecast Growth

Separately, Barclays cut shares of Centrica from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, March 19th. One equities research analyst has rated the stock with a hold rating, two have assigned a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, Centrica currently has an average rating of “Buy”.

Centrica Stock Up 0.3 %

The company has a quick ratio of 1.66, a current ratio of 1.77 and a debt-to-equity ratio of 0.50. The stock has a fifty day simple moving average of $7.28 and a two-hundred day simple moving average of $6.70.

About Centrica

Centrica plc operates as an integrated energy company in the United Kingdom, Ireland, Scandinavia, North America, and internationally. The company operates through British Gas Services & Solutions, British Gas Energy, Centrica Business Solutions, Bord Gáis Energy, Centrica Energy, and Upstream segments.