Centrica plc (OTCMKTS:CPYYY) Short Interest Update

Centrica plc (OTCMKTS:CPYYY) saw a large decline in short interest during the month of July. As of July 31st, there was short interest totalling 5,800 shares, a decline of 12.1% from the July 15th total of 6,600 shares. Based on an average daily trading volume, of 15,300 shares, the days-to-cover ratio is currently 0.4 days.

Centrica Trading Up 0.6 %

OTCMKTS CPYYY traded up $0.04 during trading on Friday, hitting $6.64. 4,461 shares of the company’s stock traded hands, compared to its average volume of 13,508. The company has a debt-to-equity ratio of 0.73, a current ratio of 1.44 and a quick ratio of 1.35. Centrica has a 12-month low of $6.09 and a 12-month high of $8.61. The business has a 50 day moving average of $6.92 and a 200-day moving average of $6.81.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on the stock. The Goldman Sachs Group raised shares of Centrica to a “strong-buy” rating in a research report on Thursday, July 25th. UBS Group upgraded Centrica to a “strong-buy” rating in a research note on Wednesday, June 26th. Finally, Berenberg Bank raised Centrica from a “hold” rating to a “buy” rating in a research report on Monday, July 1st. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, one has assigned a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, Centrica presently has an average rating of “Moderate Buy” and a consensus target price of $190.00.

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.