Centrica (OTCMKTS:CPYYY) Hits New 12-Month High – Still a Buy?

Centrica plc (OTCMKTS:CPYYY)’s stock price hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $7.89 and last traded at $7.78, with a volume of 515 shares changing hands. The stock had previously closed at $7.66.

Analyst Upgrades and Downgrades

Separately, Barclays downgraded Centrica from a “strong-buy” rating to a “hold” rating in a report on Wednesday, March 19th. One investment analyst has rated the stock with a hold rating, two have issued a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy”.

Centrica Stock Performance

The business’s 50-day moving average is $7.23 and its two-hundred day moving average is $6.68. The company has a current ratio of 1.77, a quick ratio of 1.66 and a debt-to-equity ratio of 0.50.

About Centrica

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.