Centrica PLC (OTCMKTS:CPYYY) Short Interest Update

Centrica PLC (OTCMKTS:CPYYY) was the recipient of a significant decrease in short interest during the month of May. As of May 15th, there was short interest totaling 40,215 shares, a decrease of 38.5% from the April 30th total of 65,389 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 423,990 shares, the short-interest ratio is presently 0.1 days.

Centrica Stock Performance

OTCMKTS CPYYY opened at $10.26 on Wednesday. The company has a current ratio of 1.45, a quick ratio of 1.41 and a debt-to-equity ratio of 0.75. Centrica has a 52 week low of $7.97 and a 52 week high of $12.15. The firm has a 50 day moving average of $11.23 and a two-hundred day moving average of $10.34.

Analyst Ratings Changes

Several equities analysts have recently commented on CPYYY shares. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Centrica in a research note on Wednesday, February 25th. Citigroup raised shares of Centrica from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, March 11th. Kepler Capital Markets raised shares of Centrica from a “strong sell” rating to a “hold” rating in a research note on Monday, March 16th. The Goldman Sachs Group reissued a “buy” rating on shares of Centrica in a research note on Wednesday, February 25th. Finally, Jefferies Financial Group downgraded shares of Centrica from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 2nd. Two analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Buy”.

About Centrica

Centrica plc is a British multinational energy and services company headquartered in Windsor, England. The company operates across energy supply, services and solutions, delivering gas and electricity to residential, commercial and industrial customers. In addition to commodity supply, Centrica offers a range of services such as boiler installation and maintenance, smart home technology, and energy efficiency solutions through its field-based engineering teams.

Established in 1997 following the demerger of British Gas, Centrica has evolved through strategic acquisitions and divestments to focus on core markets and capabilities.