Centrica (OTCMKTS:CPYYY) Hits New 52-Week High - Here's What Happened

Centrica PLC (OTCMKTS:CPYYY - Get Free Report) shares reached a new 52-week high during trading on Tuesday . The stock traded as high as $9.34 and last traded at $9.20, with a volume of 15091 shares changing hands. The stock had previously closed at $9.07.

Wall Street Analyst Weigh In

CPYYY has been the topic of several research reports. Barclays cut Centrica from a "strong-buy" rating to a "hold" rating in a report on Wednesday, March 19th. Kepler Capital Markets downgraded shares of Centrica from a "strong-buy" rating to a "hold" rating in a report on Friday, May 9th. Two research analysts have rated the stock with a hold rating, two have given a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, Centrica has an average rating of "Buy".

Centrica Price Performance

The firm has a 50 day moving average price of $8.43 and a 200-day moving average price of $7.54. The company has a quick ratio of 1.49, a current ratio of 1.59 and a debt-to-equity ratio of 0.55.

Centrica Increases Dividend

The business also recently announced a dividend, which was paid on Monday, June 16th. Stockholders of record on Monday, May 5th were given a dividend of $0.1402 per share. The ex-dividend date of this dividend was Friday, May 2nd. This represents a dividend yield of 3.9%. This is an increase from Centrica's previous dividend of $0.07.

Centrica Company Profile

Centrica plc operates as an integrated energy company in the United Kingdom, Ireland, Scandinavia, North America, and internationally. The company operates through British Gas Services & Solutions, British Gas Energy, Centrica Business Solutions, Bord Gáis Energy, Centrica Energy, and Upstream segments.