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

Centrica logo with Utilities background

Centrica PLC (OTCMKTS:CPYYY - Get Free Report)'s share price gapped up prior to trading on Tuesday . The stock had previously closed at $8.50, but opened at $8.91. Centrica shares last traded at $8.94, with a volume of 1,232 shares trading hands.

Analysts Set New Price Targets

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

Check Out Our Latest Stock Analysis on Centrica

Centrica Trading Down 0.0%

The company has a 50 day moving average of $8.75 and a 200-day moving average of $7.90. The company has a current ratio of 1.59, a quick ratio of 1.49 and a debt-to-equity ratio of 0.55.

Centrica Increases Dividend

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

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.

Further Reading

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