Centrica (OTCMKTS:CPYYY) Sees Unusually-High Trading Volume – What’s Next?

Shares of Centrica PLC (OTCMKTS:CPYYY) saw unusually-strong trading volume on Monday . 70,921 shares were traded during trading, a decline of 2% from the previous session’s volume of 72,396 shares.The stock last traded at $9.26 and had previously closed at $9.26.

Analysts Set New Price Targets

Separately, Kepler Capital Markets upgraded Centrica from a “strong sell” rating to a “hold” rating in a report on Monday, March 16th. Two research analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Buy”.

Centrica Stock Up 0.7%

The company has a debt-to-equity ratio of 0.75, a quick ratio of 1.41 and a current ratio of 1.45. The company’s 50 day moving average price is $10.17 and its two-hundred day moving average price is $10.49.

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.