Centrica (OTCMKTS:CPYYY) Reaches New 52-Week High – Should You Buy?

Centrica plc (OTCMKTS:CPYYY)’s share price reached a new 52-week high during trading on Wednesday . The stock traded as high as $7.93 and last traded at $7.93, with a volume of 3041 shares traded. The stock had previously closed at $7.75.

Wall Street Analysts Forecast Growth

Separately, Barclays downgraded shares of Centrica from a “strong-buy” rating to a “hold” rating in a report on Wednesday, March 19th. One equities research analyst has rated the stock with a hold rating, two have given a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Buy”.

Centrica Stock Performance

The company has a current ratio of 1.77, a quick ratio of 1.66 and a debt-to-equity ratio of 0.50. The business has a fifty day simple moving average of $7.31 and a 200 day simple moving average of $6.73.

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.