Centrica plc (OTCMKTS:CPYYY) Short Interest Up 254.8% in March

Centrica plc (OTCMKTS:CPYYY) saw a significant increase in short interest during the month of March. As of March 31st, there was short interest totalling 25,900 shares, an increase of 254.8% from the March 15th total of 7,300 shares. Based on an average daily volume of 14,600 shares, the days-to-cover ratio is presently 1.8 days. Currently, 0.0% of the shares of the company are short sold.

Analysts Set New Price Targets

Separately, Barclays cut Centrica from a “strong-buy” rating to a “hold” rating in a research 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 has an average rating of “Buy”.

Centrica Stock Down 0.4 %

Shares of Centrica stock opened at $7.53 on Tuesday. The firm’s fifty day simple moving average is $7.42 and its 200-day simple moving average is $6.81. The company has a quick ratio of 1.66, a current ratio of 1.77 and a debt-to-equity ratio of 0.50. Centrica has a 12 month low of $5.80 and a 12 month high of $8.05.

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.