Centrica plc (OTCMKTS:CPYYY - Get Free Report) saw a significant increase in short interest during the month of October. As of October 15th, there was short interest totalling 5,900 shares, an increase of 210.5% from the September 30th total of 1,900 shares. Based on an average daily trading volume, of 36,200 shares, the short-interest ratio is currently 0.2 days.
Wall Street Analyst Weigh In
CPYYY has been the subject of a number of recent analyst reports. Berenberg Bank raised Centrica from a "hold" rating to a "buy" rating in a research report on Monday, July 1st. The Goldman Sachs Group raised Centrica to a "strong-buy" rating in a report on Thursday, July 25th. Finally, Jefferies Financial Group raised Centrica from a "hold" rating to a "buy" rating in a report on Thursday, August 29th.
Read Our Latest Stock Analysis on Centrica
Centrica Stock Performance
OTCMKTS:CPYYY traded up $0.09 during mid-day trading on Friday, hitting $6.37. 6,537 shares of the stock were exchanged, compared to its average volume of 12,704. The firm's 50-day simple moving average is $6.41 and its 200 day simple moving average is $6.71. Centrica has a fifty-two week low of $5.80 and a fifty-two week high of $8.13.
Centrica Cuts Dividend
The business also recently disclosed a dividend, which will be paid on Monday, November 25th. Shareholders of record on Friday, October 4th will be paid a dividend of $0.0691 per share. The ex-dividend date of this dividend is Friday, October 4th.
Centrica Company Profile
(
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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.
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