Centrica (OTCMKTS:CPYYY) Reaches New 12-Month Low – Should You Sell?

Shares of Centrica PLC (OTCMKTS:CPYYY) hit a new 52-week low during trading on Wednesday . The stock traded as low as $8.28 and last traded at $8.28, with a volume of 74379 shares traded. The stock had previously closed at $8.29.

Wall Street Analyst Weigh In

Separately, Kepler Capital Markets raised shares of Centrica from a “hold” rating to a “strong-buy” rating in a research note on Monday. Three investment analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy”.

Centrica Trading Down 0.1%

The company has a quick ratio of 1.41, a current ratio of 1.45 and a debt-to-equity ratio of 0.75. The firm has a 50 day moving average price of $9.70 and a two-hundred day moving average price of $10.49.

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.