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Centrica (OTCMKTS:CPYYY) Reaches New 52-Week High - Still a Buy?

Centrica logo with Utilities background

Centrica plc (OTCMKTS:CPYYY - Get Free Report)'s share price reached a new 52-week high during trading on Wednesday . The company traded as high as $9.05 and last traded at $9.05, with a volume of 3703 shares traded. The stock had previously closed at $8.85.

Analyst Ratings Changes

Several brokerages have commented on CPYYY. Kepler Capital Markets cut shares of Centrica from a "strong-buy" rating to a "hold" rating in a research report on Friday, May 9th. Barclays downgraded shares of Centrica from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, March 19th. Two equities research analysts have rated the stock with a hold rating, two have issued a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, Centrica currently has a consensus rating of "Buy".

Check Out Our Latest Analysis on CPYYY

Centrica Trading Up 1.4%

The business has a fifty day moving average of $8.27 and a 200-day moving average of $7.46. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.77 and a quick ratio of 1.66.

Centrica Increases Dividend

The company also recently disclosed a dividend, which will be paid on Monday, June 16th. Investors of record on Monday, May 5th will be issued a dividend of $0.1402 per share. This represents a dividend yield of 3.9%. This is a boost from Centrica's previous dividend of $0.07. The ex-dividend date is Friday, May 2nd.

Centrica Company Profile

(Get Free Report)

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.

Further Reading

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