Centrica PLC (OTCMKTS:CPYYY) Short Interest Update

Centrica PLC (OTCMKTS:CPYYY) was the target of a large decline in short interest during the month of July. As of July 31st, there was short interest totaling 479 shares, a decline of 96.7% from the July 15th total of 14,324 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 138,878 shares, the days-to-cover ratio is presently 0.0 days.

Analyst Upgrades and Downgrades

CPYYY has been the subject of several research reports. HSBC upgraded shares of Centrica from a “hold” rating to a “buy” rating in a research report on Thursday, July 30th. Kepler Capital Markets raised shares of Centrica from a “hold” rating to a “strong-buy” rating in a report on Monday, July 27th. Three investment analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Buy”.

Centrica Price Performance

CPYYY stock traded down $0.03 on Thursday, reaching $8.41. 65,908 shares of the company’s stock were exchanged, compared to its average volume of 74,839. The stock has a fifty day moving average of $9.21 and a 200-day moving average of $10.37. The company has a current ratio of 1.43, a quick ratio of 1.37 and a debt-to-equity ratio of 0.67. Centrica has a twelve month low of $8.19 and a twelve month high of $12.15.

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.