Short Interest in Centrica plc (OTCMKTS:CPYYY) Decreases By 21.5%

Centrica plc (OTCMKTS:CPYYY) was the target of a significant drop in short interest in the month of March. As of March 15th, there was short interest totalling 7,300 shares, a drop of 21.5% from the February 28th total of 9,300 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 21,800 shares, the short-interest ratio is presently 0.3 days.

Centrica Stock Performance

Shares of CPYYY stock opened at $7.80 on Monday. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.66 and a current ratio of 1.77. The company’s fifty day moving average price is $7.28 and its 200-day moving average price is $6.70. Centrica has a 12 month low of $5.80 and a 12 month high of $7.89.

Wall Street Analysts Forecast Growth

Separately, Barclays downgraded Centrica from a “strong-buy” rating to a “hold” rating in a report on Wednesday, March 19th. One research analyst has rated the stock with a hold rating, two have given a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, Centrica presently has an average rating of “Buy”.

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.