Centrica (OTCMKTS:CPYYY) Sets New 1-Year Low – Here’s What Happened

Shares of Centrica plc (OTCMKTS:CPYYY) reached a new 52-week low on Wednesday . The company traded as low as $5.80 and last traded at $5.92, with a volume of 7550 shares. The stock had previously closed at $5.98.

Analyst Upgrades and Downgrades

CPYYY has been the subject of a number of research reports. Jefferies Financial Group raised Centrica from a “hold” rating to a “buy” rating in a research note on Thursday, August 29th. The Goldman Sachs Group upgraded shares of Centrica to a “strong-buy” rating in a report on Thursday, July 25th.

Centrica Price Performance

The company has a quick ratio of 1.66, a current ratio of 1.77 and a debt-to-equity ratio of 0.50. The company’s 50 day moving average price is $6.31 and its 200-day moving average price is $6.69.

Centrica Cuts Dividend

The firm also recently declared a dividend, which will be paid on Monday, November 25th. Investors of record on Friday, October 4th will be issued a dividend of $0.0691 per share. The ex-dividend date 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.