Centrica (OTCMKTS:CPYYY) Shares Gap Down - Here's What Happened

Centrica PLC (OTCMKTS:CPYYY - Get Free Report) gapped down prior to trading on Thursday . The stock had previously closed at $8.23, but opened at $7.97. Centrica shares last traded at $8.49, with a volume of 287 shares.

Wall Street Analyst Weigh In

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

Centrica Trading Up 4.8%

The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.49 and a current ratio of 1.59. The company has a 50-day moving average of $8.69 and a 200-day moving average of $7.88.

Centrica Increases Dividend

The business also recently announced a dividend, which was paid on Monday, June 16th. Investors of record on Monday, May 5th were given a $0.1402 dividend. This represents a yield of 3.9%. The ex-dividend date was Friday, May 2nd. This is a positive change 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.