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Centrica (OTCMKTS:CPYYY) Sets New 12-Month High - Should You Buy?

Centrica logo with Utilities background

Shares of Centrica plc (OTCMKTS:CPYYY - Get Free Report) hit a new 52-week high on Monday . The company traded as high as $8.71 and last traded at $8.71, with a volume of 3245 shares. The stock had previously closed at $8.34.

Wall Street Analysts Forecast Growth

Separately, Barclays cut shares of Centrica from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, March 19th. One equities research analyst has rated the stock with a hold rating, two have issued a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Buy".

Read Our Latest Analysis on CPYYY

Centrica Trading Up 0.0 %

The company has a debt-to-equity ratio of 0.50, a current ratio of 1.77 and a quick ratio of 1.66. The firm's 50-day moving average price is $7.81 and its 200 day moving average price is $7.07.

Centrica Increases Dividend

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

About Centrica

(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.

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