Centrica (OTCMKTS:CPYYY) Shares Down 0.1% – Should You Sell?

Centrica PLC (OTCMKTS:CPYYY)’s share price fell 0.1% on Monday . The stock traded as low as $9.01 and last traded at $9.0640. 8,982 shares changed hands during trading, an increase of 16% from the average session volume of 7,764 shares. The stock had previously closed at $9.0725.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the company. Morgan Stanley upgraded Centrica to an “overweight” rating in a report on Wednesday, September 17th. Citigroup downgraded Centrica from a “buy” rating to a “hold” rating in a research note on Monday, October 27th. Finally, Berenberg Bank upgraded Centrica to a “strong-buy” rating in a research note on Friday, September 12th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy”.

Centrica Price Performance

The business has a fifty day moving average price of $9.08 and a 200-day moving average price of $8.95. The company has a current ratio of 1.62, a quick ratio of 1.56 and a debt-to-equity ratio of 0.71.

Centrica Company Profile

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.