Centrica PLC (OTCMKTS:CPYYY) Short Interest Update

Centrica PLC (OTCMKTS:CPYYY) was the target of a significant decline in short interest during the month of July. As of July 15th, there was short interest totaling 14,324 shares, a decline of 61.2% from the June 30th total of 36,938 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 235,094 shares, the short-interest ratio is currently 0.1 days.

Centrica Stock Performance

Centrica stock opened at $8.29 on Wednesday. The stock has a 50-day simple moving average of $9.70 and a 200 day simple moving average of $10.49. The company has a current ratio of 1.45, a quick ratio of 1.41 and a debt-to-equity ratio of 0.75. Centrica has a 52 week low of $8.28 and a 52 week high of $12.15.

Wall Street Analysts Forecast Growth

Separately, Kepler Capital Markets raised shares of Centrica from a “hold” rating to a “strong-buy” rating in a research report on Monday. Three equities research analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Buy”.

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.