Centrica (OTCMKTS:CPYYY) Hits New 12-Month Low at $5.93

Centrica plc (OTCMKTS:CPYYY)’s share price hit a new 52-week low during trading on Friday . The company traded as low as $5.93 and last traded at $6.23, with a volume of 7174 shares traded. The stock had previously closed at $6.27.

Analysts Set New Price Targets

Several research analysts have weighed in on the company. The Goldman Sachs Group raised Centrica to a “strong-buy” rating in a research report on Thursday, July 25th. Jefferies Financial Group upgraded shares of Centrica from a “hold” rating to a “buy” rating in a research report on Thursday, August 29th. UBS Group upgraded shares of Centrica to a “strong-buy” rating in a report on Wednesday, June 26th. Finally, Berenberg Bank upgraded 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 hold rating, two have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, Centrica currently has an average rating of “Buy”.

Centrica Trading Down 0.7 %

The company has a debt-to-equity ratio of 0.73, a current ratio of 1.44 and a quick ratio of 1.35. The business’s 50 day moving average is $6.59 and its two-hundred day moving average is $6.75.

Centrica Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Monday, November 25th. Stockholders of record on Friday, October 4th will be issued a dividend of $0.0691 per share. The ex-dividend date of this dividend is Friday, October 4th.

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.