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Centrica (OTCMKTS:CPYYY) Sees Unusually-High Trading Volume - Time to Buy?

Centrica logo with Utilities background

Key Points

  • Centrica PLC experienced a 44% increase in trading volume with 13,081 shares changing hands, despite a slight decline in stock price from $8.81 to $8.70.
  • Kepler Capital Markets downgraded Centrica's shares from a "strong-buy" to a "hold" rating, indicating a shift in analyst sentiment.
  • The company maintains a current ratio of 1.59 and a debt-to-equity ratio of 0.55, showcasing its financial health relative to its liabilities.
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Centrica PLC (OTCMKTS:CPYYY - Get Free Report) saw unusually-high trading volume on Wednesday . Approximately 13,081 shares were traded during trading, an increase of 44% from the previous session's volume of 9,093 shares.The stock last traded at $8.70 and had previously closed at $8.81.

Analysts Set New Price Targets

Separately, Kepler Capital Markets downgraded shares of Centrica from a "strong-buy" rating to a "hold" rating in a research report on Friday, May 9th.

Check Out Our Latest Stock Analysis on Centrica

Centrica Trading Up 1.3%

The company has a debt-to-equity ratio of 0.55, a current ratio of 1.59 and a quick ratio of 1.49. The stock's 50 day moving average is $8.84 and its 200-day moving average is $8.01.

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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