Centrica (OTCMKTS:CPYYY) Trading Up 3.2% - Here's What Happened

Centrica plc (OTCMKTS:CPYYY - Get Free Report)'s share price traded up 3.2% during mid-day trading on Tuesday . The stock traded as high as $8.93 and last traded at $8.93. 11,469 shares were traded during trading, an increase of 13% from the average session volume of 10,122 shares. The stock had previously closed at $8.66.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the stock. 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 cut 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. Based on data from MarketBeat.com, the company presently has an average rating of "Buy".

Centrica Stock Up 0.4%

The business's 50-day simple moving average is $8.12 and its two-hundred day simple moving average is $7.37. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.66 and a current ratio of 1.77.

Centrica Increases Dividend

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

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.